Ouster Inc (NYSE: OUST)’s stock price has plunge by 7.16relation to previous closing price of 9.38. Nevertheless, the company has seen a 2.68% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-12-10 that SAN FRANCISCO–(BUSINESS WIRE)–Ouster, Inc. (NYSE: OUST) today announced that it will transfer the listing of its common stock and its warrants to purchase common stock trading under the symbol “OUST.WSA” (the “2025 Public Warrants”) to the Nasdaq Global Select Market from the New York Stock Exchange (“NYSE”) and NYSE American, respectively, and its warrants to purchase its common stock trading under the symbol “OUST.WS” (the “2026 Public Warrants”) to the Nasdaq Capital Market from the NYSE.
Is It Worth Investing in Ouster Inc (NYSE: OUST) Right Now?
Company’s 36-month beta value is 2.51.Analysts have differing opinions on the stock, with 4 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 45.53M, and currently, short sellers hold a 10.31% ratio of that floaft. The average trading volume of OUST on December 17, 2024 was 1.13M shares.
OUST’s Market Performance
OUST stock saw an increase of 2.68% in the past week, with a monthly gain of 19.10% and a quarterly increase of 66.98%. The volatility ratio for the week is 7.77%, and the volatility levels for the last 30 days are 8.34% for Ouster Inc (OUST). The simple moving average for the past 20 days is 6.33% for OUST’s stock, with a 12.03% simple moving average for the past 200 days.
Analysts’ Opinion of OUST
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see OUST reach a price target of $10, previously predicting the price at $12. The rating they have provided for OUST stocks is “Overweight” according to the report published on November 11th, 2024.
Cantor Fitzgerald gave a rating of “Neutral” to OUST, setting the target price at $13 in the report published on May 22nd of the current year.
OUST Trading at 19.15% 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 -40.45% of loss for the given period.
Volatility was left at 8.34%, however, over the last 30 days, the volatility rate increased by 7.77%, as shares surge +15.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +57.19% upper at present.
During the last 5 trading sessions, OUST rose by +3.56%, which changed the moving average for the period of 200-days by +88.10% in comparison to the 20-day moving average, which settled at $9.46. In addition, Ouster Inc saw 31.05% 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 Chung Megan, who sale 13,671 shares at the price of $9.69 back on Dec 12 ’24. After this action, Chung Megan now owns 149,647 shares of Ouster Inc, valued at $132,480 using the latest closing price.
WEINSWIG MARK, the Chief Financial Officer of Ouster Inc, sale 19,712 shares at $9.69 during a trade that took place back on Dec 12 ’24, which means that WEINSWIG MARK is holding 173,960 shares at $191,021 based on the most recent closing price.
Stock Fundamentals for OUST
Current profitability levels for the company are sitting at:
- -1.02 for the present operating margin
- 0.29 for the gross margin
The net margin for Ouster Inc stands at -1.06. The total capital return value is set at -0.56. Equity return is now at value -61.40, with -38.92 for asset returns.
Currently, EBITDA for the company is -342.62 million with net debt to EBITDA at 0.25. When we switch over and look at the enterprise to sales, we see a ratio of 4.43. The receivables turnover for the company is 5.12for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.12.
Conclusion
In a nutshell, Ouster Inc (OUST) has experienced a better performance in recent times. The stock has received mixed “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.