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The closing price of Ouster Inc (NYSE: OUST) was $16.39 for the day, up 2.31% from the previous closing price of $16.02. In other words, the price has increased by $2.31 from its previous closing price. On the day, 2.69 million shares were traded. OUST stock price reached its highest trading level at $16.8789 during the session, while it also had its lowest trading level at $15.43.
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 3.09. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.37.
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 Jun 18 ’24 when SPENCER DARIEN sold 248 shares for $10.87 per share. The transaction valued at 2,696 led to the insider holds 309,719 shares of the business.
BOULET VIRGINIA bought 10,000 shares of OUST for $102,969 on Jun 13 ’24. The Director now owns 163,089 shares after completing the transaction at $10.30 per share. On Jun 12 ’24, another insider, SPENCER DARIEN, who serves as the Chief Operating Officer of the company, sold 3,836 shares for $11.14 each. As a result, the insider received 42,737 and left with 309,967 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 741239360 and an Enterprise Value of 621826624. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.06 while its Price-to-Book (P/B) ratio in mrq is 4.41. Its current Enterprise Value per Revenue stands at 6.759 whereas that against EBITDA is -6.898.
Stock Price History:
The Beta on a monthly basis for OUST is 2.53, which has changed by 1.50229 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, OUST has reached a high of $16.18, while it has fallen to a 52-week low of $3.67. The 50-Day Moving Average of the stock is 46.77%, while the 200-Day Moving Average is calculated to be 126.83%.
Shares Statistics:
OUST traded an average of 1.15M shares per day over the past three months and 1208160 shares per day over the past ten days. A total of 43.26M shares are outstanding, with a floating share count of 25.78M. Insiders hold about 43.00% of the company’s shares, while institutions hold 28.90% stake in the company. Shares short for OUST as of 1719532800 were 3707210 with a Short Ratio of 3.23, compared to 1717113600 on 3528148. Therefore, it implies a Short% of Shares Outstanding of 3707210 and a Short% of Float of 8.62.
