Ouster Inc. (NYSE: OUST) is -31.63% lower on its value in year-to-date trading and has touched a low of $3.21 and a high of $23.00 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 $6.43 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $5.90, the stock is 28.96% and 2.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -8.24% at the moment leaves the stock -44.30% off its SMA200. OUST registered -74.57% loss for a year compared to 6-month loss of -52.42%. The firm has a 50-day simple moving average (SMA 50) of $0.81 and a 200-day simple moving average (SMA200) of -$0.15.
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The stock witnessed a 82.10% gain in the last 1 month and extending the period to 3 months gives it a -50.00%, and is 3.69% up 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 17.02% over the week and 13.08% over the month.
Ouster Inc. (OUST) has around 270 employees, a market worth around $228.47M and $49.70M in sales. Distance from 52-week low is 83.80% and -74.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-69.00%).
Ouster Inc. (OUST) Analyst Forecasts
The EPS is expected to shrink by -11.00% this year
Ouster Inc. (OUST) Top Institutional Holders
The shares outstanding are 38.81M, and float is at 33.93M with Short Float at 9.15%.
Ouster Inc. (OUST) Insider Activity
A total of 39 insider transactions have happened at Ouster Inc. (OUST) in the last six months, with sales accounting for 12 and purchases happening 27 times. The most recent transaction is an insider purchase by BOULET VIRGINIA, the company’s Director. SEC filings show that BOULET VIRGINIA bought 11,000 shares of the company’s common stock on May 23 at a price of $6.31 per share for a total of $69410.0. Following the purchase, the insider now owns 71489.0 shares.
Ouster Inc. disclosed in a document filed with the SEC on May 16 that Pacala Charles Angus (President and CEO) bought a total of 86,300 shares of the company’s common stock. The trade occurred on May 16 and was made at $5.81 per share for $0.5 million. Following the transaction, the insider now directly holds 0.56 million shares of the OUST stock.
Still, SEC filings show that on May 16, Frichtl Mark (Chief Technology Officer) acquired 25,700 shares at an average price of $5.84 for $0.15 million. The insider now directly holds 3,749,512 shares of Ouster Inc. (OUST).