Future Outlook And Stock Price Performance For Ostin Technology Group Co Ltd (NASDAQ: OST)

In today’s recent session, 0.3 million shares of the Ostin Technology Group Co Ltd (NASDAQ:OST) have been traded, and its beta is 1.25. Most recently the company’s share price was $1.98, and it changed around $1.18 or 147.72% from the last close, which brings the market valuation of the company to $3.99M. OST at last check was trading at a discount to its 52-week high of $5.78, offering almost -191.92% off that amount. The share price’s 52-week low was $0.78, which indicates that the recent value has risen by an impressive 60.61% since then. We note from Ostin Technology Group Co Ltd’s average daily trading volume that its 10-day average is 39730.0 shares, with the 3-month average coming to 393.97K.

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

Instantly OST has been showing a green trend so far today with a performance of 147.72% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2899 on recent trading daydecreased the stock’s daily price by -53.5%. The company’s shares are currently down -26.12% year-to-date, but still up 73.88% over the last five days. On the other hand, Ostin Technology Group Co Ltd (NASDAQ:OST) is 20.00% up in the 30-day period. We can see from the shorts that 362.0 shares have been sold at a short interest cover period of 0.01 day(s).

OST Dividends

Ostin Technology Group Co Ltd’s next quarterly earnings report is expected to be released in May.

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

Upon looking at major shareholders, it appears that insiders hold 0.21% of Ostin Technology Group Co Ltd shares, and 0.02% of them are in the hands of institutional investors. The stock currently has a share float of 0.02%. Ostin Technology Group Co Ltd stock is held by 3.0 institutions, with TWO SIGMA SECURITIES, LLC being the largest institutional investor. By 2024-06-30, it held 0.1239% of the shares, which is about 17357.0 shares worth $6769.0.

RENAISSANCE TECHNOLOGIES LLC, with 0.0978% or 13700.0 shares worth $5343.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.