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Things appear to be looking up for Ouster Inc (OUST)

Ouster Inc (NYSE: OUST) is -0.52% lower on its value in year-to-date trading and has touched a low of $3.21 and a high of $11.40 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 $7.73 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $7.63, the stock is 4.25% and 24.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -1.29% at the moment leaves the stock 34.62% off its SMA200. OUST registered 63.95% gain for a year compared to 6-month gain of 73.80%.

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The stock witnessed a 61.31% loss in the last 1 month and extending the period to 3 months gives it a 15.08%, and is -19.26% 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 11.86% over the week and 11.75% over the month.

Ouster Inc (OUST) has around 202 employees, a market worth around $310.31M and $83.28M in sales. Profit margin for the company is -449.22%. Distance from 52-week low is 137.69% and -33.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-154.29%).

The EPS is expected to grow by 47.06% this year.

Ouster Inc (OUST) Top Institutional Holders

The shares outstanding are 43.26M, and float is at 21.48M with Short Float at 24.51%.

Ouster Inc (OUST) Insider Activity

The most recent transaction is an insider sale by WEINSWIG MARK,the company’sChief Financial Officer. SEC filings show that WEINSWIG MARK sold 19,990 shares of the company’s common stock on Apr 02 ’24 at a price of $9.35 per share for a total of $0.19 million. Following the sale, the insider now owns 0.24 million shares.

Ouster Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Chung Megan (General Counsel and Secretary) sold a total of 5,776 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $7.96 per share for $45976.0. Following the transaction, the insider now directly holds 0.16 million shares of the OUST stock.

Still, SEC filings show that on Mar 18 ’24, SPENCER DARIEN (Chief Operating Officer) disposed off 286 shares at an average price of $4.84 for $1384.0. The insider now directly holds 252,873 shares of Ouster Inc (OUST).

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