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The closing price of Ouster Inc (NYSE: OUST) was $7.09 for the day, down -0.98% from the previous closing price of $7.16. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 1.01 million shares were traded. OUST stock price reached its highest trading level at $7.295 during the session, while it also had its lowest trading level at $6.96.
Ratios:
Our analysis of OUST’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 29 ’24 when WEINSWIG MARK sold 519 shares for $7.35 per share. The transaction valued at 3,815 led to the insider holds 229,587 shares of the business.
Mark Weinswig bought 590 shares of OUST for $4,419 on Aug 28 ’24. On Aug 16 ’24, another insider, MADDOCK ERNEST E, who serves as the Director of the company, bought 8,000 shares for $7.79 each. As a result, the insider paid 62,320 and bolstered with 69,119 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 342661824 and an Enterprise Value of 225892768. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 2.268 whereas that against EBITDA is -3.883.
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 -35.05%, while the 200-Day Moving Average is calculated to be -14.66%.
Shares Statistics:
OUST traded an average of 1.20M shares per day over the past three months and 967310 shares per day over the past ten days. A total of 43.26M shares are outstanding, with a floating share count of 27.79M. Insiders hold about 42.51% of the company’s shares, while institutions hold 36.68% stake in the company. Shares short for OUST as of 1723680000 were 6569090 with a Short Ratio of 5.49, compared to 1721001600 on 5020178. Therefore, it implies a Short% of Shares Outstanding of 6569090 and a Short% of Float of 14.24.
