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The price of Ouster Inc (NASDAQ: OUST) closed at $7.65 in the last session, down -5.32% from day before closing price of $8.08. In other words, the price has decreased by -$5.32 from its previous closing price. On the day, 1.09 million shares were traded.
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.
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:
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 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 3.61 while its Price-to-Book (P/B) ratio in mrq is 2.21.
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 -26.28%, while the 200-Day Moving Average is calculated to be -20.46%.
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 44.33% stake in the company.
