Market Momentum Report: Ouster Inc (OUST)’s Negative Close at 9.79

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The price of Ouster Inc (NYSE: OUST) closed at $9.79 in the last session, down -1.90% from day before closing price of $9.98. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 1.12 million shares were traded. OUST stock price reached its highest trading level at $10.26 during the session, while it also had its lowest trading level at $9.7.

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.

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:

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 12 ’24 when Darien Spencer bought 3,015 shares for $9.98 per share.

Mark Weinswig bought 3,016 shares of OUST for $30,100 on Dec 12 ’24. On Dec 12 ’24, another insider, Megan Chung, who serves as the Officer of the company, bought 1,939 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 496711328 and an Enterprise Value of 357758560. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.62 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 3.393 whereas that against EBITDA is -6.555.

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 20.63%, while the 200-Day Moving Average is calculated to be 10.34%.

Shares Statistics:

According to the various share statistics, OUST traded on average about 1.14M shares per day over the past 3-months and 1213120 shares per day over the past 10 days. A total of 49.54M shares are outstanding, with a floating share count of 45.40M. Insiders hold about 8.78% 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 4.23, compared to 1730332800 on 6002300. Therefore, it implies a Short% of Shares Outstanding of 4695398 and a Short% of Float of 9.87.

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