Ouster Inc (NASDAQ:OUST) shares, rose in value on Thursday, March 27, with the stock price down by -6.03% to the previous day’s close as strong demand from buyers drove the stock to $9.98.
Actively observing the price movement in the last trading, the stock closed the session at $10.62, falling within a range of $9.8 and $10.85. The value of beta (5-year monthly) was 2.387. Referring to stock’s 52-week performance, its high was $16.88, and the low was $5.26. On the whole, OUST has fluctuated by 19.95% over the past month.
With the market capitalization of Ouster Inc currently standing at about $536.58 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 143.88M, with a low estimate of 30M and a high estimate of 31.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 30.87M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OUST’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of OUST currently trading nearly 14.65% and 5.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.94, while the 7-day volatility ratio is showing 13.18% which for the 30-day chart, stands at 8.81%. Furthermore, Ouster Inc (OUST)’s beta value is 2.20, and its average true range (ATR) is 0.83.
A comparison of Ouster Inc (OUST) with its peers suggests the former has fared considerably weaker in the market. OUST showed an intraday change of -6.03% in last session, and over the past year, it grew by 100.00%%.
Data on historical trading for Ouster Inc (NASDAQ:OUST) indicates that the trading volumes over the past 10 days have averaged 2.0 and over the past 3 months, they’ve averaged 1.43 million. According to company’s latest data on outstanding shares, there are 52.56 million shares outstanding.
Nearly 8.41% of Ouster Inc’s shares belong to company insiders and institutional investors own 41.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.96 million shares as on 2025-02-28, resulting in a short ratio of 4.7. According to the data, the short interest in Ouster Inc (OUST) stood at 1002.00 of shares outstanding as of 2025-02-28; the number of short shares registered in 2025-01-31 reached 5.24 million. The stock has fallen by -18.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OUST stock heading into the next quarter.
