OSR Holdings Inc (NASDAQ:OSRH) shares, rose in value on Thursday, March 27, with the stock price down by -21.11% to the previous day’s close as strong demand from buyers drove the stock to $2.99.
Actively observing the price movement in the last trading, the stock closed the session at $3.79, falling within a range of $2.7 and $3.04. Referring to stock’s 52-week performance, its high was $13.40, and the low was $1.30. On the whole, OSRH has fluctuated by -9.39% over the past month.
With the market capitalization of OSR Holdings Inc currently standing at about $57.64 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OSRH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of OSRH currently trading nearly 44.88% and -49.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.17, while the 7-day volatility ratio is showing 21.14% which for the 30-day chart, stands at 20.73%. Furthermore, OSR Holdings Inc (OSRH)’s beta value is 0.19, and its average true range (ATR) is 0.78.
A comparison of OSR Holdings Inc (OSRH) with its peers suggests the former has fared considerably weaker in the market. OSRH showed an intraday change of -21.11% in last session, and over the past year, it shrunk by -70.80%%.
Data on historical trading for OSR Holdings Inc (NASDAQ:OSRH) indicates that the trading volumes over the past 10 days have averaged 9.91 and over the past 3 months, they’ve averaged 3.60 million. According to company’s latest data on outstanding shares, there are 4.04 million shares outstanding.
OSR Holdings Inc’s shares belong to company insiders and institutional investors own 0.35% of the company’s shares. The stock has fallen by -74.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OSRH stock heading into the next quarter.
