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As of close of business last night, Ouster Inc’s stock clocked out at $6.14, down -1.13% from its previous closing price of $6.21. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.3 million shares were traded. OUST stock price reached its highest trading level at $6.3 during the session, while it also had its lowest trading level at $5.98.
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 3.14 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 May 22, 2024, Downgraded its rating to Neutral and sets its target price to $13 from $8 previously.
Chardan Capital Markets Upgraded its Neutral to Buy on July 14, 2023, while the target price for the stock was maintained at $10.
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 Sep 12 ’24 when Mark Weinswig bought 3,112 shares for $6.10 per share.
Darien Spencer bought 3,112 shares of OUST for $18,983 on Sep 12 ’24. On Sep 12 ’24, another insider, Megan Chung, who serves as the Officer of the company, bought 2,000 shares for $6.10 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 296748032 and an Enterprise Value of 179978992. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.807 whereas that against EBITDA is -3.094.
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 $3.67. The 50-Day Moving Average of the stock is -40.71%, while the 200-Day Moving Average is calculated to be -26.54%.
Shares Statistics:
It appears that OUST traded 1.24M shares on average per day over the past three months and 1015030 shares per day over the past ten days. A total of 43.26M shares are outstanding, with a floating share count of 41.83M. Insiders hold about 13.45% of the company’s shares, while institutions hold 36.69% stake in the company. Shares short for OUST as of 1724976000 were 6467263 with a Short Ratio of 5.20, compared to 1722384000 on 5577849. Therefore, it implies a Short% of Shares Outstanding of 6467263 and a Short% of Float of 14.02.
