Ouster Inc. (OUST) 14-day ATR is 0.58: This Stock is Set to Soar Above its Peers

Ouster Inc. (NYSE: OUST) started the day on May 18, 2023, with a price decrease of -5.10% at $5.40. During the day, the stock rose to $6.00 and sunk to $5.3198 before settling in for the price of $5.69 at the close. Taking a more long-term approach, OUST posted a 52-week range of $3.21-$26.40.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Nevertheless, stock’s Earnings Per Share (EPS) this year is -11.00%. This publicly-traded company’s shares outstanding now amounts to $38.72 million, simultaneously with a float of $33.99 million. The organization now has a market capitalization sitting at $162.54 million. At the time of writing, stock’s 50-day Moving Average stood at $6.00, while the 200-day Moving Average is $10.79.

Ouster Inc. (OUST) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Electronic Components Industry. Ouster Inc.’s current insider ownership accounts for 4.50%, in contrast to 29.90% institutional ownership. According to the most recent insider trade that took place on May 16, this organization’s President and CEO bought 86,300 shares at the rate of 5.81, making the entire transaction reach 501,006 in total value, affecting insider ownership by 562,381. Preceding that transaction, on May 16, Company’s Chief Technology Officer bought 25,700 for 5.84, making the whole transaction’s value amount to 150,088. This particular insider is now the holder of 3,749,512 in total.

Ouster Inc. (OUST) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 3/30/2023, the organization reported -$2.65 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$2.2) by -$0.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.15 per share during the current fiscal year.

Ouster Inc.’s EPS decrease for this current 12-month fiscal period is -11.00% and is forecasted to reach -4.00 in the upcoming year.

Ouster Inc. (NYSE: OUST) Trading Performance Indicators

Let’s observe the current performance indicators for Ouster Inc. (OUST). It’s Quick Ratio in the last reported quarter now stands at 4.80. The Stock has managed to achieve an average true range (ATR) of 0.58. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.96.

In the same vein, OUST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -7.77, a figure that is expected to reach -1.35 in the next quarter, and analysts are predicting that it will be -4.00 at the market close of one year from today.

Technical Analysis of Ouster Inc. (OUST)

If we take a close look at the recent performances of Ouster Inc. (NYSE: OUST), its last 5-days Average volume was 1.39 million that shows progress from its year to date volume of 0.54 million. During the previous 9 days, stock’s Stochastic %D was recorded 82.82% While, its Average True Range was 0.58.

Raw Stochastic average of Ouster Inc. (OUST) in the period of the previous 100 days is set at 13.70%, which indicates a major fall in contrast to 77.19% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 140.58% that was higher than 125.03% volatility it exhibited in the past 100-days period.