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The price of Ouster Inc (NASDAQ: OUST) closed at $10.60 in the last session, down -5.94% from day before closing price of $11.27. In other words, the price has decreased by -$5.94 from its previous closing price. On the day, 1.41 million shares were traded. OUST stock price reached its highest trading level at $11.415 during the session, while it also had its lowest trading level at $10.55.
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 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:
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 Dec 16 ’24 when SPENCER DARIEN sold 248 shares for $9.08 per share. The transaction valued at 2,252 led to the insider holds 291,470 shares of the business.
Chung Megan sold 13,671 shares of OUST for $132,480 on Dec 12 ’24. The General Counsel and Secretary now owns 149,647 shares after completing the transaction at $9.69 per share. On Dec 12 ’24, another insider, WEINSWIG MARK, who serves as the Chief Financial Officer of the company, sold 19,712 shares for $9.69 each. As a result, the insider received 191,021 and left with 173,960 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 548786368 and an Enterprise Value of 398072768. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.00 while its Price-to-Book (P/B) ratio in mrq is 3.06. Its current Enterprise Value per Revenue stands at 3.775 whereas that against EBITDA is -7.294.
Stock Price History:
The Beta on a monthly basis for OUST is 2.39, which has changed by 0.67192423 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. 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 1.77%, while the 200-Day Moving Average is calculated to be 10.19%.
Shares Statistics:
According to the various share statistics, OUST traded on average about 1.58M shares per day over the past 3-months and 1990500 shares per day over the past 10 days. A total of 49.54M shares are outstanding, with a floating share count of 45.51M. Insiders hold about 8.56% of the company’s shares, while institutions hold 40.79% stake in the company. Shares short for OUST as of 1735603200 were 4861495 with a Short Ratio of 3.08, compared to 1732838400 on 4695398. Therefore, it implies a Short% of Shares Outstanding of 4861495 and a Short% of Float of 9.810001.
