Ouster Inc. (NYSE: OUST) is -43.48% lower on its value in year-to-date trading and has touched a low of $7.80 and a high of $17.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OUST stock was last observed hovering at around $8.75 in the last trading session, with the day’s loss setting it -1.12% off its average median price target of $25.00 for the next 12 months. It is also 69.48% off the consensus price target high of $25.00 offered by 1 analysts, but current levels are 69.48% higher than the price target low of $25.00 for the same period.
Currently trading at $7.63, the stock is -22.75% and -36.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -12.80% at the moment leaves the stock -33.63% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $11.34 and a 200-day simple moving average (SMA200) of $11.39.
The stock witnessed a -32.95% in the last 1 month and extending the period to 3 months gives it a -43.48%, and is -15.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.90% over the week and 10.60% over the month.
Distance from 52-week low is -2.18% and -56.97% from its 52-week high.
Ouster Inc. (OUST) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ouster Inc. (OUST) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Ouster Inc. (OUST) Top Institutional Holders
43 institutions hold shares in Ouster Inc. (OUST), with 11.39M shares held by insiders accounting for 24.07% while institutional investors hold 7.61% of the company’s shares. The shares outstanding are 161.45M, and float is at 26.74M with Short Float at 1.81%. Institutions hold 5.78% of the Float.