Ostin Technology Group Co Ltd (OST): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Ostin Technology Group Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency.

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Stocks Info

This NASDAQ-listed company operates within the Electronic Components industry segment, falling under the Technology sector. The current market capitalization of Ostin Technology Group Co Ltd is $7.71M. A total of 6.92 million shares were traded on the day, compared to an average of 122.25K shares.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, OST has a high of $1.37 and a low of $0.38.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. OST’s latest balance sheet shows that the firm has $684.34k in Cash & Short Term Investments as of fiscal 2021. There were $32.81M in debt and $60.57M in liabilities at the time. Its Book Value Per Share was $1.00, while its Total Shareholder’s Equity was $15.20M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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