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The price of Ouster Inc (NYSE: OUST) closed at $9.62 in the last session, down -2.63% from day before closing price of $9.88. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 1.33 million shares were traded. OUST stock price reached its highest trading level at $10.3594 during the session, while it also had its lowest trading level at $9.57.
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 Nov 29 ’24 when Mark Weinswig bought 590 shares for $9.36 per share.
WEINSWIG MARK sold 31,397 shares of OUST for $273,907 on Nov 20 ’24. The Chief Financial Officer now owns 198,650 shares after completing the transaction at $8.72 per share. On Nov 21 ’24, another insider, WEINSWIG MARK, who serves as the Chief Financial Officer of the company, sold 4,460 shares for $8.91 each. As a result, the insider received 39,750 and left with 194,190 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 478793152 and an Enterprise Value of 349297536. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.70 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 3.312 whereas that against EBITDA is -6.4.
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 24.70%, while the 200-Day Moving Average is calculated to be 9.90%.
Shares Statistics:
According to the various share statistics, OUST traded on average about 1.10M shares per day over the past 3-months and 1078750 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 40.83% stake in the company. Shares short for OUST as of 1731628800 were 4800136 with a Short Ratio of 4.36, compared to 1728950400 on 6450456. Therefore, it implies a Short% of Shares Outstanding of 4800136 and a Short% of Float of 10.09.
