Is Ostin Technology Group Co Ltd (NASDAQ: OST) Worth It? How Should Investors Deal With It?

During the last session, Ostin Technology Group Co Ltd (NASDAQ:OST)’s traded shares were 1.05 million, with the beta value of the company hitting 0.89. At the end of the trading day, the stock’s price was $2.68, reflecting an intraday gain of 17.85% or $0.41. The 52-week high for the OST share is $8.20, that puts it down -205.97 from that peak though still a striking 40.3% gain since the share price plummeted to a 52-week low of $1.60. The company’s market capitalization is $5.39M, and the average intraday trading volume over the past 10 days was 1.99 million shares, and the average trade volume was 57.71K shares over the past three months.

Ostin Technology Group Co Ltd (NASDAQ:OST) trade information

Ostin Technology Group Co Ltd (OST) registered a 17.85% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 17.85% in intraday trading to $2.68, hitting a weekly high. The stock’s 5-day price performance is 42.10%, and it has moved by 13.27% in 30 days. Based on these gigs, the overall price performance for the year is -66.50%. The short interest in Ostin Technology Group Co Ltd (NASDAQ:OST) is 3591.0 shares and it means that shorts have 0.1 day(s) to cover.

OST Dividends

Ostin Technology Group Co Ltd is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 13700.0 shares, is of RENAISSANCE TECHNOLOGIES LLC’s that is approximately 0.0978% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5343.0.