Ostin Technology Group Co Ltd (NASDAQ:OST) traded at $2.49 at last check on current trade day and made a downward move of -2.16% on its previous day’s price.
Looking at the stock we see that its previous close was $2.55 and the beta (5Y monthly) reads 1.253 with the day’s price range being $2.21 – $2.53. In terms of its 52-week price range, OST has a high of $7.03 and a low of $1.60. The company’s stock has gained about 53.07% over that past 30 days.
Ostin Technology Group Co Ltd has a market cap of $9.51 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the OST stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 3.68% off its SMA20 and 14.24% from its 50-day simple moving average. The RSI (14) is pointing at 54.23 while the volatility over the past week is 23.06% and jumps to 26.91% over the past one month. The beta value is 0.80, while the average true range (ATR) is currently pointing at 0.52.
Coming back to Ostin Technology Group Co Ltd (NASDAQ:OST), we note that the average 3-month trading volume was 668.46K, while that of the preceding 10-day period stands at 2.62 million. Current shares outstanding are 14.81 million.
The insiders hold 73.12% of the company’s shares while institutions hold 0.14%. The data shows that short shares as of 2024-12-31, stood at 74742.0 at a short ratio of 0.45. This represents a 566.00 short interest in shares outstanding on 2024-12-31. Shares short rose in December from the previous month at 4383.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -6.90% down in year-to-date price movement.
