June 21, 2022, Ouster Inc. (NYSE: OUST) trading session started at the price of $1.81, that was 9.50% jump from the session before. During the day, the shares moved up to $1.98 and dropped to $1.79 before settling in for the closing price of $1.79. A 52-week range for OUST has been $1.61 – $13.83.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
Sponsored
When this article was written, the company’s average yearly earnings per share was at -6.00%. With a float of $112.58 million, this company’s outstanding shares have now reached $170.91 million.
The extent of productivity of a business whose workforce counts for 278 workers is very important to gauge. In terms of profitability, gross margin is +27.06, operating margin of -296.95, and the pretax margin is -288.21.
Ouster Inc. (OUST) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ouster Inc. stocks. The insider ownership of Ouster Inc. is 3.80%, while institutional ownership is 30.80%. The most recent insider transaction that took place on Jun 16, was worth 5,292. In this transaction Chief Financial Officer of this company sold 3,113 shares at a rate of $1.70, taking the stock ownership to the 1,494,522 shares. Before that another transaction happened on Jun 16, when Company’s EVP of Global Operations sold 2,503 for $1.70, making the entire transaction worth $4,255. This insider now owns 1,467,072 shares in total.
Ouster Inc. (OUST) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 3/30/2022, it has been observed that the corporation posted -$0.19 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.16) by -$0.03. This company achieved a net margin of -279.89 while generating a return on equity of -47.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.00% per share during the next fiscal year.
Ouster Inc. (NYSE: OUST) Trading Performance Indicators
You can see what Ouster Inc. (OUST) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 7.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.62 in one year’s time.
Technical Analysis of Ouster Inc. (OUST)
The latest stats from [Ouster Inc., OUST] show that its last 5-days average volume of 2.55 million was superior to 2.08 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.13%. Additionally, its Average True Range was 0.16.
During the past 100 days, Ouster Inc.’s (OUST) raw stochastic average was set at 10.32%, which indicates a significant decrease from 56.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.07% in the past 14 days, which was lower than the 84.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.7582, while its 200-day Moving Average is $4.7589. Now, the first resistance to watch is $2.0300. This is followed by the second major resistance level at $2.1000. The third major resistance level sits at $2.2200. If the price goes on to break the first support level at $1.8400, it is likely to go to the next support level at $1.7200. Assuming the price breaks the second support level, the third support level stands at $1.6500.
Ouster Inc. (NYSE: OUST) Key Stats
There are 173,664K outstanding shares of the company, which has a market capitalization of 323.24 million. As of now, sales total 33,580 K while income totals -93,980 K. Its latest quarter income was 8,560 K while its last quarter net income were -32,400 K.
