Ouster Inc (NYSE: OUST) is -17.99% lower on its value in year-to-date trading and has touched a low of $3.67 and a high of $16.88 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 $5.93 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $6.29, the stock is -0.89% and -31.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 6.07% at the moment leaves the stock -25.04% off its SMA200. OUST registered 31.87% gain for a year compared to 6-month gain of -6.12%. The firm has a 50-day simple moving average (SMA 50) of $8.9728 and a 200-day simple moving average (SMA200) of $8.393.
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The stock witnessed a -16.02% loss in the last 1 month and extending the period to 3 months gives it a -37.29%, and is 1.94% 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 5.06% over the week and 5.86% over the month.
Ouster Inc (OUST) has around 202 employees, a market worth around $304.00M and $99.59M in sales. Profit margin for the company is -122.32%. Distance from 52-week low is 71.52% and -62.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.77%).
The EPS is expected to grow by 73.20% this year
161.0 institutions hold shares in Ouster Inc (OUST), with institutional investors hold 42.45% of the company’s shares. The shares outstanding are 48.33M, and float is at 44.18M with Short Float at 15.46%. Institutions hold 38.73% of the Float.
The top institutional shareholder in the company is ITAU UNIBANCO HOLDING S.A. with over 1515.0 shares valued at $14892.0. The investor’s holdings represent 0.0034 of the OUST Shares outstanding. As of 2024-06-30, the second largest holder is NBT BANK N A /NY with 50.0 shares valued at $492.0 to account for 0.0001 of the shares outstanding.
Ouster Inc (OUST) Insider Activity
The most recent transaction is an insider sale by SPENCER DARIEN, the company’s Chief Operating Officer. SEC filings show that SPENCER DARIEN sold 263 shares of the company’s common stock on Sep 17 ’24 at a price of $6.36 per share for a total of $1673.0. Following the sale, the insider now owns 0.31 million shares.
Ouster Inc disclosed in a document filed with the SEC on Sep 12 ’24 that WEINSWIG MARK (Chief Financial Officer) sold a total of 2,540 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $6.16 per share for $15655.0. Following the transaction, the insider now directly holds 0.23 million shares of the OUST stock.
Still, SEC filings show that on Sep 12 ’24, Chung Megan (General Counsel and Secretary) disposed off 2,644 shares at an average price of $6.16 for $16296.0. The insider now directly holds 160,707 shares of Ouster Inc (OUST).
