A new trading day began on Tuesday, with Ouster Inc (NYSE: OUST) stock price up 7.54% from the previous day of trading, before settling in for the closing price of $7.03. OUST’s price has ranged from $3.21 to $11.40 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 67.60% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 48.49%. With a float of $21.48 million, this company’s outstanding shares have now reached $43.26 million.
In an organization with 202 employees, it is important to assess its efficiency.
Ouster Inc (OUST) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Components Industry. The insider ownership of Ouster Inc is 47.18%, while institutional ownership is 29.23%. The most recent insider transaction that took place on Apr 02 ’24, was worth 186,948. In this transaction Chief Financial Officer of this company sold 19,990 shares at a rate of $9.35, taking the stock ownership to the 236,800 shares. Before that another transaction happened on Apr 01 ’24, when Company’s General Counsel and Secretary sold 5,776 for $7.96, making the entire transaction worth $45,976. This insider now owns 163,966 shares in total.
Ouster Inc (OUST) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 48.49% per share during the next fiscal year.
Ouster Inc (NYSE: OUST) Trading Performance Indicators
Here are Ouster Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.06, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -1.49 in one year’s time.
Technical Analysis of Ouster Inc (OUST)
Let’s dig in a bit further. During the last 5-days, its volume was 0.82 million. That was inferior than the volume of 1.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.21%. Additionally, its Average True Range was 0.72.
During the past 100 days, Ouster Inc’s (OUST) raw stochastic average was set at 43.11%, which indicates a significant increase from 15.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.42% in the past 14 days, which was lower than the 96.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.44, while its 200-day Moving Average is $5.74. However, in the short run, Ouster Inc’s stock first resistance to watch stands at $7.97. Second resistance stands at $8.39. The third major resistance level sits at $8.87. If the price goes on to break the first support level at $7.07, it is likely to go to the next support level at $6.59. Assuming the price breaks the second support level, the third support level stands at $6.17.
Ouster Inc (NYSE: OUST) Key Stats
With a market capitalization of 307.47 million, the company has a total of 40,671K Shares Outstanding. Currently, annual sales are 83,280 K while annual income is -374,110 K. The company’s previous quarter sales were 24,440 K while its latest quarter income was -39,000 K.
