Ouster Inc (OUST) is heading in the right direction with an average volume of $1.19M

Ouster Inc (NYSE: OUST) open the trading on Wednesday, with a bit cautious approach as it glided -5.29% to $8.23, before settling in for the price of $8.69 at the close. Taking a more long-term approach, OUST posted a 52-week range of $3.21-$11.40.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 67.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 47.06%. This publicly-traded company’s shares outstanding now amounts to $43.26 million, simultaneously with a float of $21.49 million. The organization now has a market capitalization sitting at $334.71 million. At the time of writing, stock’s 50-day Moving Average stood at $6.02, while the 200-day Moving Average is $5.64.

Ouster Inc (OUST) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Electronic Components industry. Ouster Inc’s current insider ownership accounts for 47.16%, in contrast to 28.88% institutional ownership. According to the most recent insider trade that took place on Apr 02 ’24, this organization’s Chief Financial Officer sold 19,990 shares at the rate of 9.35, making the entire transaction reach 186,948 in total value, affecting insider ownership by 236,800. Preceding that transaction, on Apr 01 ’24, Company’s General Counsel and Secretary sold 5,776 for 7.96, making the whole transaction’s value amount to 45,976. This particular insider is now the holder of 163,966 in total.

Ouster Inc (OUST) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.95 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.83) by -$0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.79 per share during the current fiscal year.

Ouster Inc’s EPS increase for this current 12-month fiscal period is 47.06% and is forecasted to reach -1.53 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 2.94. The Stock has managed to achieve an average true range (ATR) of 0.82. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.02.

In the same vein, OUST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -11.06, a figure that is expected to reach -0.58 in the next quarter, and analysts are predicting that it will be -1.53 at the market close of one year from today.

Technical Analysis of Ouster Inc (OUST)

[Ouster Inc, OUST] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 53.10% While, its Average True Range was 0.95.

Raw Stochastic average of Ouster Inc (OUST) in the period of the previous 100 days is set at 53.04%, which indicates a major rise in contrast to 51.16% 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 168.48% that was higher than 97.93% volatility it exhibited in the past 100-days period.