Ostin Technology Group Co Ltd (NASDAQ:OST) shares traded -54.73% lower at $0.16 on Wall Street last session.
OST stock price is now -96.60% away from the 50-day moving average and -94.85% away from the 200-day moving average. The market capitalization of the company currently stands at $17.04M.
In other news, SHYD INVESTMENT MANAGEMENT LIM, Shareholder bought 14,000 shares of the company’s stock on Mar 17 ’25. The stock was bought for $25,000 at an average price of $1.79. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 12 ’24, CFO Qiaoyun Xie bought 6,500 shares of the business’s stock. A total of $1,950 was incurred on buying the stock at an average price of $0.30. A total of 35.70% of the company’s stock is owned by insiders.
During the past 12 months, Ostin Technology Group Co Ltd has had a low of $0.28 and a high of $9.40. As of last week, the company has a debt-to-equity ratio of 5.37, a current ratio of 0.51, and a quick ratio of 0.18. The fifty day moving average price for OST is $4.66066 and a two-hundred day moving average price translates $3.07418 for the stock.
The latest earnings results from Ostin Technology Group Co Ltd (NASDAQ: OST) was released for 2024-09-30. The net profit margin was -30.99% and return on equity was -105.08% for OST.
