Ouster Inc (NASDAQ:OUST) currently has a daily average trading volume of 1.61M but it saw 1451456 shares traded in last market. With a market cap of 549.96M USD, the company’s current market price of $11.05 came rising about 7.49 while comparing to the previous closing price of $10.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.88 and as low as $4.65. In the recent trading on the day, stock has struck highest price mark of $10.3101 while lowest mark touched by it was $11.26.
Taking a look at 20-day trading activity of Ouster Inc (OUST) gives us an average price of $10.55, while its current price level is -34.53% below from 52-week high level whereas it is 137.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.79 while that of 200 days or SMA-200 reads an average of $9.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.62% during that period while stretching the period over a month that increases to 8.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.33 which implies that the stock is in neutral territory.
Cantor Fitzgerald upgraded its recommendation for the stock as a “Overweight” from “Neutral” on November 11, 2024 while assigning a price target range of $12-$10. Cantor Fitzgerald issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $13.
Over the week, OUST’s stock price is moving 11.84% up while it is -27.40% when we observe its performance for the past one month. Year-to-date it is -9.57% down and over the past year, the stock is showing an upside performance of 134.61%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.26 while estimate for next year EPS is -1.05. In next quarter, company is expected to be making quarterly sales of $31.32M as analysts are expecting the sales for current fiscal year at $111M and seeing the company making $145.5M in sales next year. Moreover, analysts are in estimates of $30M for current-quarter revenue.
Currently, Ouster Inc’s total number of outstanding shares is 49.54M with 4.69% of that held by the insiders while 44.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -60.23% and return on equity (ROE) at -61.40%. Stock’s beta reads 2.36. Stock has a price to book (P/B) ratio of 3.19 while price to sale or P/S ratio amounts to 5.22. Its return on asset (ROA) is -38.92% on average.
