-
1 Comment
Ossen Innovation Co., Ltd is currently in a long term downtrend where the price is trading 3.0% below its 200 day moving average.
From a valuation standpoint, the stock is 98.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.2.
Based on the above factors, Ossen Innovation Co., Ltd gets an overall score of 1/5.
| Industry | Steel |
|---|---|
| CurrencyCode | USD |
| Exchange | NASDAQ |
| ISIN | US6884102087 |
| Sector | Basic Materials |
| Market Cap | 33M |
|---|---|
| Dividend Yield | 0.0% |
| Beta | 0.94 |
| Target Price | 3 |
| PE Ratio | 3.01 |
Ossen Innovation Co., Ltd., together with its subsidiaries, manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People's Republic of China and internationally. The company offers plain surface products, including plain surface prestressed concrete (PC) strands that are used in precast concrete plates on the riding surface of bridges; and unbonded plain surface PC strands for the construction of bridges and buildings. It also provides plain surface PC wires and indented PC wires, which are used in the construction of buildings; helical rib PC wires for the construction of railway ties or sleepers, and buildings; and coated prestressed products comprising zinc coated PC and rare earth coated PC products. The company markets and sells its products under the Ossen brand name. Ossen Innovation Co., Ltd. also exports its products to the United States, Canada, Spain, Japan, South Korea, Taiwan, Australia, South Africa, Saudi Arabia, and internationally. The company was formerly known as Ultra Glory International, Ltd. Ossen Innovation Co., Ltd. was founded in 2010 and is based in Shanghai, the People's Republic of China. Ossen Innovation Co., Ltd. operates as a subsidiary of Pujiang International Group Limited.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for OSN using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
