Moreover, the 36-month beta value for OUST is 2.53. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OUST is 21.48M and currently, short sellers hold a 24.51% of that float. On April 19, 2024, OUST’s average trading volume was 1.19M shares.
OUST) stock’s latest price update
Ouster Inc (NYSE: OUST)’s stock price has soared by 2.15 in relation to previous closing price of 6.99. Nevertheless, the company has seen a loss of -7.63% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-18 that The average of price targets set by Wall Street analysts indicates a potential upside of 29.9% in Ouster (OUST). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
OUST’s Market Performance
OUST’s stock has fallen by -7.63% in the past week, with a monthly rise of 42.23% and a quarterly rise of 16.48%. The volatility ratio for the week is 8.97% while the volatility levels for the last 30 days are 11.80% for Ouster Inc. The simple moving average for the past 20 days is -8.39% for OUST’s stock, with a 25.04% simple moving average for the past 200 days.
Analysts’ Opinion of OUST
Chardan Capital Markets, on the other hand, stated in their research note that they expect to see OUST reach a price target of $10. The rating they have provided for OUST stocks is “Buy” according to the report published on July 14th, 2023.
Citigroup gave a rating of “Neutral” to OUST, setting the target price at $1.70 in the report published on December 07th of the previous year.
OUST Trading at 13.02% from the 50-Day Moving Average
After a stumble in the market that brought OUST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.37% of loss for the given period.
Volatility was left at 11.80%, however, over the last 30 days, the volatility rate increased by 8.97%, as shares surge +36.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.49% upper at present.
During the last 5 trading sessions, OUST fell by -9.12%, which changed the moving average for the period of 200-days by +29.85% in comparison to the 20-day moving average, which settled at $7.89. In addition, Ouster Inc saw -6.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OUST starting from WEINSWIG MARK, who sale 19,990 shares at the price of $9.35 back on Apr 02 ’24. After this action, WEINSWIG MARK now owns 236,800 shares of Ouster Inc, valued at $186,948 using the latest closing price.
Chung Megan, the General Counsel and Secretary of Ouster Inc, sale 5,776 shares at $7.96 during a trade that took place back on Apr 01 ’24, which means that Chung Megan is holding 163,966 shares at $45,976 based on the most recent closing price.
Stock Fundamentals for OUST
Current profitability levels for the company are sitting at:
- -4.39 for the present operating margin
- 0.1 for the gross margin
The net margin for Ouster Inc stands at -4.49. The total capital return value is set at -1.47. Equity return is now at value -212.99, with -127.49 for asset returns.
Based on Ouster Inc (OUST), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -2.7. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is -64.61.
Currently, EBITDA for the company is -161.74 million with net debt to EBITDA at -0.1. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 2.08for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.22.
Conclusion
To wrap up, the performance of Ouster Inc (OUST) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
