Ouster Inc (NYSE: OUST) on Monday, soared 32.04% from the previous trading day, before settling in for the closing price of $7.99. Within the past 52 weeks, OUST’s price has moved between $4.08 and $16.88.
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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. The company achieved an average annual earnings per share of 73.23%. With a float of $44.06 million, this company’s outstanding shares have now reached $48.33 million.
In an organization with 202 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 29.45%, operating margin of -102.37%, and the pretax margin is -106.13%.
Ouster Inc (OUST) Insider and Institutional Ownership
Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Ouster Inc is 8.85%, while institutional ownership is 38.87%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 73.23% per share during the next fiscal year.
Ouster Inc (NYSE: OUST) Trading Performance Indicators
Ouster Inc (OUST) is currently performing well based on its current performance indicators. A quick ratio of 2.83 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.57, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -0.86 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 1.83 million. That was better 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 91.99%. Additionally, its Average True Range was 0.66.
During the past 100 days, Ouster Inc’s (OUST) raw stochastic average was set at 42.67%, which indicates a significant decrease from 95.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 129.05% in the past 14 days, which was higher than the 94.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.87, while its 200-day Moving Average is $8.48. However, in the short run, Ouster Inc’s stock first resistance to watch stands at $11.42. Second resistance stands at $12.30. The third major resistance level sits at $13.86. If the price goes on to break the first support level at $8.98, it is likely to go to the next support level at $7.42. The third support level lies at $6.54 if the price breaches the second support level.
Ouster Inc (NYSE: OUST) Key Stats
Market capitalization of the company is 517.66 million based on 48,330K outstanding shares. Right now, sales total 83,280 K and income totals -374,110 K. The company made 26,990 K in profit during its latest quarter, and -23,870 K in sales during its previous quarter.