Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Ouster Inc’s stock clocked out at $7.69, down -6.79% from its previous closing price of $8.25. In other words, the price has decreased by -$6.79 from its previous closing price. On the day, 1.08 million shares were traded.
Ratios:
To gain a deeper understanding of OUST’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63 while its Price-to-Book (P/B) ratio in mrq is 2.22.
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 -28.13%, while the 200-Day Moving Average is calculated to be -20.95%.
Shares Statistics:
A total of 49.54M shares are outstanding, with a floating share count of 45.47M. Insiders hold about 8.64% of the company’s shares, while institutions hold 44.35% stake in the company.
