Ouster Inc (NASDAQ:OUST) currently has a daily average trading volume of 1.52M but it saw 904930 shares traded in last market. With a market cap of 508.15M USD, the company’s current market price of $10.21 came rising about 1.59 while comparing to the previous closing price of $10.05. 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.
Taking a look at 20-day trading activity of Ouster Inc (OUST) gives us an average price of $10.09, while its current price level is -39.51% below from 52-week high level whereas it is 119.57% 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 $10.88 while that of 200 days or SMA-200 reads an average of $9.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.43% during that period while stretching the period over a month that increases to 6.96%. 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 48.49 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 5.15% up while it is -3.68% when we observe its performance for the past one month. Year-to-date it is -16.45% down and over the past year, the stock is showing an upside performance of 72.76%.
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 4.96% of that held by the insiders while 47.02% 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 2.95 while price to sale or P/S ratio amounts to 4.82. Its return on asset (ROA) is -38.92% on average.
