Ouster Inc (OUST) Will Continue To Grow In 2024.

IPW

In the latest trading session,, 0.49 million Ouster Inc (NYSE:OUST) shares changed hands as the company’s beta touched 2.52. With the company’s most recent per share price at $7.75 changing hands around $0.02 or 0.26% at last look, the market valuation stands at $315.19M. OUST’s current price is a discount, trading about -47.1% off its 52-week high of $11.40. The share price had its 52-week low at $3.21, which suggests the last value was 58.58% up since then. When we look at Ouster Inc’s average trading volume, we note the 3-month average coming to 1.20 million.

Ouster Inc (NYSE:OUST) trade information

Instantly OUST is in green as seen in intraday trades today. With action -17.99%, the performance over the past five days has been red. The jump to weekly highs of 9.99 added 0.26% to the stock’s daily price. The company’s shares are showing year-to-date upside of 1.04%, with the 5-day performance at -17.99% in the red. However, in the 30-day time frame, Ouster Inc (NYSE:OUST) is 63.85% up. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Ouster Inc (OUST) estimates and forecasts

Data shows that the Ouster Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 76.54% over the past 6 months, a 42.90% in annual growth rate that is considerably higher than the industry average of 1.00%. The 2024 estimates are for Ouster Inc earnings to increase by 47.06%, but the outlook for the next 5-year period is at 20.00% per year.