Ostin Technology Group Co Ltd [OST] stock is trading at $2.44, up 11.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OST shares have gain 3.83% over the last week, with a monthly amount glided 39.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ostin Technology Group Co Ltd [OST] stock has fluctuated between $1.60 and $7.80 over the past year. Ostin Technology Group Co Ltd [NASDAQ: OST] shares were valued at $2.44 at the most recent close of the market.
Analyzing the OST fundamentals
Ostin Technology Group Co Ltd [NASDAQ:OST] reported sales of 38.20M for the trailing twelve months, which represents a drop of -56.34%. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.24%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.92 and Total Capital is -0.73. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.22 points at the first support level, and at 2.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.80, and for the 2nd resistance point, it is at 3.17.
Ratios To Look Out For
For context, Ostin Technology Group Co Ltd’s Current Ratio is 0.54. In addition, the Quick Ratio stands at 0.20 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 3.99.
Transactions by insiders
Recent insider trading involved Qiaoyun Xie, CFO, that happened on Oct 12 ’24 when 6500.0 shares were purchased. CTO, Xiaodong Zhai completed a deal on Oct 12 ’24 to buy 27144.0 shares.
