In the past week, OST stock has gone up by 6.61%, with a monthly gain of 45.03% and a quarterly plunge of -25.00%. The volatility ratio for the week is 16.96%, and the volatility levels for the last 30 days are 26.33% for Ostin Technology Group Co Ltd The simple moving average for the last 20 days is 10.74% for OST stock, with a simple moving average of -23.10% for the last 200 days.
Is It Worth Investing in Ostin Technology Group Co Ltd (NASDAQ: OST) Right Now?
Moreover, the 36-month beta value for OST is 0.78.
The public float for OST is 1.02M and currently, short sellers hold a 3.52% of that float. On January 24, 2025, OST’s average trading volume was 471.36K shares.
OST) stock’s latest price update
Ostin Technology Group Co Ltd (NASDAQ: OST) has seen a rise in its stock price by 6.61 in relation to its previous close of 2.42. However, the company has experienced a 6.61% gain in its stock price over the last five trading sessions. benzinga.com reported 2025-01-15 that On Wednesday, OS Therapies, Inc. OSTX revealed data from a Phase 2b trial of OST-HER2 (OST31-164), a HER2-targeted immunotherapy candidate in the rare pediatric-designated indication of prevention of recurrent, fully resected, lung metastatic osteosarcoma, a rare, cancerous bone tumor that develops in bone-forming cells.
OST Trading at 17.91% from the 50-Day Moving Average
After a stumble in the market that brought OST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.29% of loss for the given period.
Volatility was left at 26.33%, however, over the last 30 days, the volatility rate increased by 16.96%, as shares surge +37.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.69% lower at present.
During the last 5 trading sessions, OST rose by +7.31%, which changed the moving average for the period of 200-days by -44.86% in comparison to the 20-day moving average, which settled at $2.33. In addition, Ostin Technology Group Co Ltd saw -3.73% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OST starting from Qiaoyun Xie, who proposed sale 6,500 shares at the price of $0.30 back on Oct 12 ’24. After this action, Qiaoyun Xie now owns shares of Ostin Technology Group Co Ltd, valued at $1,950 using the latest closing price.
Xiaodong Zhai, the CTO of Ostin Technology Group Co Ltd, proposed sale 27,144 shares at $0.30 during a trade that took place back on Oct 12 ’24, which means that Xiaodong Zhai is holding shares at $8,140 based on the most recent closing price.
Stock Fundamentals for OST
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- 0.06 for the gross margin
The net margin for Ostin Technology Group Co Ltd stands at -0.28. The total capital return value is set at -0.73. Equity return is now at value -70.13, with -19.43 for asset returns.
Based on Ostin Technology Group Co Ltd (OST), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 3.0. The interest coverage ratio of the stock is -4.92.
Currently, EBITDA for the company is -6.47 million with net debt to EBITDA at -4.94. When we switch over and look at the enterprise to sales, we see a ratio of 0.88. The receivables turnover for the company is 7.95for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
To wrap up, the performance of Ostin Technology Group Co Ltd (OST) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.