An Analysis Of Ostin Technology Group Co Ltd (OST) Stock

Ostin Technology Group Co Ltd (NASDAQ:OST) has a beta value of 0.81 and has seen 4.58 million shares traded in the last trading session. The company, currently valued at $8.80M, closed the last trade at $2.31 per share which meant it lost -$0.11 on the day or -4.55% during that session. The OST stock price is -254.98% off its 52-week high price of $8.20 and 30.74% above the 52-week low of $1.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.74 million shares traded. The 3-month trading volume is 149.89K shares.

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

Sporting -4.55% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OST stock price touched $2.31 or saw a rise of 27.59%. Year-to-date, Ostin Technology Group Co Ltd shares have moved -13.81%, while the 5-day performance has seen it change -13.81%. Over the past 30 days, the shares of Ostin Technology Group Co Ltd (NASDAQ:OST) have changed 17.26%. Short interest in the company has seen 3591.0 shares shorted with days to cover at 0.1.

Ostin Technology Group Co Ltd (OST) estimates and forecasts

The company’s shares have lost -34.00% over the past 6 months.

OST Dividends

Ostin Technology Group Co Ltd is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Ostin Technology Group Co Ltd (NASDAQ:OST)’s Major holders

The top two institutional holders are TWO SIGMA SECURITIES, LLC with over 17357.0 shares worth more than $6769.0. As of 2024-06-30, TWO SIGMA SECURITIES, LLC held 0.1239% of shares outstanding.

The other major institutional holder is RENAISSANCE TECHNOLOGIES LLC, with the holding of over 13700.0 shares as of 2024-06-30. The firm’s total holdings are worth over $5343.0 and represent 0.0978% of shares outstanding.