The stock of Ouster Inc (OUST) has gone down by -0.91% for the week, with a -32.08% drop in the past month and a -12.54% drop in the past quarter. The volatility ratio for the week is 6.68%, and the volatility levels for the past 30 days are 7.86% for OUST. The simple moving average for the past 20 days is -15.74% for OUST’s stock, with a 34.93% simple moving average for the past 200 days.
Is It Worth Investing in Ouster Inc (NYSE: OUST) Right Now?
The stock has a 36-month beta value of 2.45. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for OUST is 26.01M, and at present, short sellers hold a 21.45% of that float. On August 14, 2024, the average trading volume of OUST was 1.13M shares.
OUST) stock’s latest price update
Ouster Inc (NYSE: OUST)’s stock price has plunge by -0.37relation to previous closing price of 10.92. Nevertheless, the company has seen a -0.91% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-13 that Ouster, Inc. (NYSE:OUST ) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Chen Geng – Vice President, Strategic Finance and Treasurer Angus Pacala – Chief Executive Officer Mark Weinswig – Chief Financial Officer Conference Call Participants Kevin Cassidy – Rosenblatt Securities Kevin Garrigan – WestPark Capital Richard Shannon – Craig-Hallum Itay Michaeli – Citi Operator Hello and welcome to Ouster’s Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Analysts’ Opinion of OUST
Many brokerage firms have already submitted their reports for OUST stocks, with Cantor Fitzgerald repeating the rating for OUST by listing it as a “Neutral.” The predicted price for OUST in the upcoming period, according to Cantor Fitzgerald is $13 based on the research report published on May 22, 2024 of the current year 2024.
Chardan Capital Markets gave a rating of “Buy” to OUST, setting the target price at $10 in the report published on July 14th of the previous year.
OUST Trading at -7.49% 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 -35.54% of loss for the given period.
Volatility was left at 7.86%, however, over the last 30 days, the volatility rate increased by 6.68%, as shares sank -33.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.01% lower at present.
During the last 5 trading sessions, OUST fell by -0.91%, which changed the moving average for the period of 200-days by +187.83% in comparison to the 20-day moving average, which settled at $12.64. In addition, Ouster Inc saw 41.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OUST starting from SPENCER DARIEN, who sale 248 shares at the price of $10.87 back on Jun 18 ’24. After this action, SPENCER DARIEN now owns 309,719 shares of Ouster Inc, valued at $2,696 using the latest closing price.
BOULET VIRGINIA, the Director of Ouster Inc, purchase 10,000 shares at $10.30 during a trade that took place back on Jun 13 ’24, which means that BOULET VIRGINIA is holding 163,089 shares at $102,969 based on the most recent closing price.
Stock Fundamentals for OUST
Current profitability levels for the company are sitting at:
- -2.33 for the present operating margin
- 0.16 for the gross margin
The net margin for Ouster Inc stands at -2.4. The total capital return value is set at -0.91. Equity return is now at value -90.08, with -56.46 for asset returns.
Based on Ouster Inc (OUST), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -1.77. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is -65.98.
Currently, EBITDA for the company is -161.74 million with net debt to EBITDA at -0.15. When we switch over and look at the enterprise to sales, we see a ratio of 5.56. The receivables turnover for the company is 2.37for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.09.
Conclusion
To sum up, Ouster Inc (OUST) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
