Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Ouster Inc (NASDAQ: OUST) closed at $10.73 down -1.11% from its previous closing price of $10.85. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 1.54 million shares were traded. OUST stock price reached its highest trading level at $11.77 during the session, while it also had its lowest trading level at $10.52.
Ratios:
For a deeper understanding of Ouster Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 555516736 and an Enterprise Value of 404542944. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.06 while its Price-to-Book (P/B) ratio in mrq is 3.10. Its current Enterprise Value per Revenue stands at 3.836 whereas that against EBITDA is -7.412.
Stock Price History:
The Beta on a monthly basis for OUST is 2.40, which has changed by 0.7728758 over the last 52 weeks, in comparison to a change of 0.23147523 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 5.57%, while the 200-Day Moving Average is calculated to be 11.87%.
Shares Statistics:
For the past three months, OUST has traded an average of 1.56M shares per day and 2123110 over the past ten 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 40.80% stake in the company. Shares short for OUST as of 1735603200 were 4861495 with a Short Ratio of 3.12, compared to 1732838400 on 4695398. Therefore, it implies a Short% of Shares Outstanding of 4861495 and a Short% of Float of 9.810001.
