Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Ouster Inc (NYSE: OUST) was $9.08 for the day, down -0.66% from the previous closing price of $9.14. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 0.91 million shares were traded. OUST stock price reached its highest trading level at $9.345 during the session, while it also had its lowest trading level at $8.86.
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 2.83 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.09.
On November 11, 2024, Cantor Fitzgerald Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $12 to $10.
Cantor Fitzgerald Downgraded its Overweight to Neutral on May 22, 2024, whereas the target price for the stock was revised from $8 to $13.
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 Dec 12 ’24 when GAC ACQUISITION LLC bought 97,589 shares for $9.08 per share.
Darien Spencer bought 3,015 shares of OUST for $30,090 on Dec 12 ’24. On Dec 12 ’24, another insider, Mark Weinswig, who serves as the Officer of the company, bought 3,016 shares for $9.98 each.
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 451917056 and an Enterprise Value of 322421408. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.26 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 3.057 whereas that against EBITDA is -5.908.
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 $4.65. The 50-Day Moving Average of the stock is 9.34%, while the 200-Day Moving Average is calculated to be 1.68%.
Shares Statistics:
OUST traded an average of 1.15M shares per day over the past three months and 1333070 shares per day over the past ten days. A total of 49.54M shares are outstanding, with a floating share count of 45.53M. Insiders hold about 8.52% of the company’s shares, while institutions hold 40.86% stake in the company. Shares short for OUST as of 1732838400 were 4695398 with a Short Ratio of 4.10, compared to 1730332800 on 6002300. Therefore, it implies a Short% of Shares Outstanding of 4695398 and a Short% of Float of 9.87.
