On Tuesday, Ouster Inc (NYSE: OUST) opened higher 1.58% from the last session, before settling in for the closing price of $8.25. Price fluctuations for OUST have ranged from $3.67 to $16.88 over the past 52 weeks.
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Annual sales at Technology sector company grew by 67.60% over the past five years. Company’s average yearly earnings per share was noted 73.20% at the time writing. With a float of $44.17 million, this company’s outstanding shares have now reached $48.33 million.
Let’s look at the performance matrix of the company that is accounted for 202 employees. In terms of profitability, gross margin is 23.49%, operating margin of -116.66%, and the pretax margin is -121.87%.
Ouster Inc (OUST) Insider Updates
A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of Ouster Inc is 8.61%, while institutional ownership is 35.87%. The most recent insider transaction that took place on Sep 17 ’24, was worth 1,673. In this transaction Chief Operating Officer of this company sold 263 shares at a rate of $6.36, taking the stock ownership to the 305,612 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Chief Financial Officer sold 2,540 for $6.16, making the entire transaction worth $15,655. This insider now owns 227,047 shares in total.
Ouster Inc (OUST) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.89 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1.16) by 0.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 73.20% per share during the next fiscal year.
Ouster Inc (NYSE: OUST) Trading Performance Indicators
Check out the current performance indicators for Ouster Inc (OUST). In the past quarter, the stock posted a quick ratio of 3.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.93, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.85 in one year’s time.
Technical Analysis of Ouster Inc (OUST)
Ouster Inc (NYSE: OUST) saw its 5-day average volume 1.36 million, a positive change from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 91.47%. Additionally, its Average True Range was 0.46.
During the past 100 days, Ouster Inc’s (OUST) raw stochastic average was set at 23.01%, which indicates a significant decrease from 94.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.76% in the past 14 days, which was lower than the 82.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.94, while its 200-day Moving Average is $8.38. Nevertheless, the first resistance level for the watch stands at $8.60 in the near term. At $8.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.11. If the price goes on to break the first support level at $8.09, it is likely to go to the next support level at $7.79. Assuming the price breaks the second support level, the third support level stands at $7.58.
Ouster Inc (NYSE: OUST) Key Stats
There are currently 45,225K shares outstanding in the company with a market cap of 405.01 million. Presently, the company’s annual sales total 83,280 K according to its annual income of -374,110 K. Last quarter, the company’s sales amounted to 26,990 K and its income totaled -23,870 K.
