Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a scanning sensor and DF, a true solid-state flash sensor. The company is based in San Francisco, California.
Ouster Price Performance
Shares of OUST Stock traded up $0.01 during mid-day trading on Friday, hitting $1.88. 1,293,196 shares of the stock were exchanged, compared to its average volume of 1,410,960. The company has a market cap of $326.48 million, a PE ratio of -3.13 and a beta of 1.78. Ouster has a 52-week low of $1.52 and a 52-week high of $10.35. The firm has a fifty day moving average of $1.79 and a 200 day moving average of $2.82. The company has a quick ratio of 7.23, a current ratio of 8.32 and a debt-to-equity ratio of 0.08.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on OUST shares. Craig Hallum dropped their target price on Ouster to $3.00 in a research report on Tuesday, August 9th. Barclays downgraded Ouster from an "overweight" rating to an "equal weight" rating and set a $2.00 price target on the stock. in a research report on Monday, July 25th. Finally, Cantor Fitzgerald started coverage on Ouster in a research report on Monday, May 23rd. They issued an "overweight" rating and a $8.00 target price on the stock.
Insider Buying and Selling at Ouster
In related news, insider Nathan Dickerman sold 75,377 shares of Ouster stock in a transaction that occurred on Monday, June 13th. The shares were sold at an average price of $1.82, for a total value of $137,186.14. Following the completion of the sale, the insider now owns 930,420 shares in the company, valued at approximately $1,693,364.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders sold 90,016 shares of company stock worth $163,155. Insiders own 10.70% of the company's stock.