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The closing price of Ouster Inc (NYSE: OUST) was $9.77 for the day, down -7.39% from the previous closing price of $10.55. In other words, the price has decreased by -$7.39 from its previous closing price. On the day, 2.4 million shares were traded. OUST stock price reached its highest trading level at $10.21 during the session, while it also had its lowest trading level at $9.57.
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.
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 November 11, 2024, Upgraded its rating to Overweight and sets its target price to $10 from $12 previously.
On May 22, 2024, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation 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 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 486258784 and an Enterprise Value of 356763136. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.61 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 3.383 whereas that against EBITDA is -6.537.
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 $4.56. The 50-Day Moving Average of the stock is 40.87%, while the 200-Day Moving Average is calculated to be 14.99%.
Shares Statistics:
OUST traded an average of 1.18M shares per day over the past three months and 1356440 shares per day over the past ten days. A total of 48.33M shares are outstanding, with a floating share count of 44.06M. Insiders hold about 8.85% of the company’s shares, while institutions hold 38.87% stake in the company. Shares short for OUST as of 1728950400 were 6450456 with a Short Ratio of 5.08, compared to 1726185600 on 6832357. Therefore, it implies a Short% of Shares Outstanding of 6450456 and a Short% of Float of 13.98.
