Could Ostin Technology Group Co Ltd (OST)’s Current Volatility Hinder Its Future Potential?

Ostin Technology Group Co Ltd (NASDAQ:OST) has a beta value of 1.18 and has seen 6.03 million shares traded in the recent trading session. The company, currently valued at $842.74M, closed the recent trade at $4580000.0 per share which meant it gained $4579992.32 on the day or 6030682% during that session. The OST stock price is 100.0% off its 52-week high price of $7.75 and 100.0% above the 52-week low of $0.78. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.68 million shares traded. The 3-month trading volume is 4.58 million shares.

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

Over the past 30 days, the shares of Ostin Technology Group Co Ltd (NASDAQ:OST) have changed 66.24%. Short interest in the company has seen 0.35 million shares shorted with days to cover at 0.21.

Ostin Technology Group Co Ltd (OST) estimates and forecasts

The company’s shares have gained 339.89% over the past 6 months.

OST Dividends

Ostin Technology Group Co Ltd is expected to release its next earnings report in July 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

Insiders own 40.75% of the company shares, while shares held by institutions stand at 0.01% with a share float percentage of 0.02%. Investors are also buoyed by the number of investors in a company, with Ostin Technology Group Co Ltd having a total of 3.0 institutions that hold shares in the company. 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.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.