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The price of Ouster Inc (NYSE: OUST) closed at $6.38 in the last session, up 3.57% from day before closing price of $6.16. In other words, the price has increased by $3.57 from its previous closing price. On the day, 0.82 million shares were traded. OUST stock price reached its highest trading level at $6.58 during the session, while it also had its lowest trading level at $6.1901.
Ratios:
We take a closer look at OUST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.14 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Cantor Fitzgerald on May 22, 2024, Downgraded its rating to Neutral and sets its target price to $13 from $8 previously.
Chardan Capital Markets Upgraded its Neutral to Buy on July 14, 2023, while the target price for the stock was maintained at $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when SPENCER DARIEN sold 263 shares for $6.36 per share. The transaction valued at 1,673 led to the insider holds 305,612 shares of the business.
WEINSWIG MARK sold 2,540 shares of OUST for $15,655 on Sep 12 ’24. The Chief Financial Officer now owns 227,047 shares after completing the transaction at $6.16 per share. On Sep 12 ’24, another insider, Chung Megan, who serves as the General Counsel and Secretary of the company, sold 2,644 shares for $6.16 each. As a result, the insider received 16,296 and left with 160,707 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OUST now has a Market Capitalization of 308347328 and an Enterprise Value of 191578256. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.10 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 1.924 whereas that against EBITDA is -3.293.
Stock Price History:
Over the past 52 weeks, OUST has reached a high of $16.88, while it has fallen to a 52-week low of $3.67. The 50-Day Moving Average of the stock is -21.99%, while the 200-Day Moving Average is calculated to be -23.92%.
Shares Statistics:
According to the various share statistics, OUST traded on average about 1.14M shares per day over the past 3-months and 821520 shares per day over the past 10 days. A total of 48.33M shares are outstanding, with a floating share count of 44.18M. Insiders hold about 8.59% of the company’s shares, while institutions hold 35.85% stake in the company. Shares short for OUST as of 1726185600 were 6832357 with a Short Ratio of 5.99, compared to 1723680000 on 6569090. Therefore, it implies a Short% of Shares Outstanding of 6832357 and a Short% of Float of 14.81.
