Boom Or Bust: What Are Ouster Inc’s (NYSE:OUST) Future Prospects?

Ouster Inc (NYSE:OUST)’s traded shares stood at 1.28 million during the last session, with the company’s beta value hitting 2.46. At the close of trading, the stock’s price was $12.96, to imply an increase of 7.28% or $0.88 in intraday trading. The OUST share’s 52-week high remains $14.17, putting it -9.34% down since that peak but still an impressive 71.68% since price per share fell to its 52-week low of $3.67. The company has a valuation of $586.18M, with an average of 1.13 million shares over the past 3 months.

Ouster Inc (NYSE:OUST) trade information

After registering a 7.28% upside in the last session, Ouster Inc (OUST) has traded red over the past five days. The stock hit a weekly high of 13.25, jumping 7.28% in its intraday price action. The 5-day price performance for the stock is 33.61%, and 14.69% over 30 days. With these gigs, the year-to-date price performance is 68.97%.

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Ouster Inc (OUST) estimates and forecasts

Looking at statistics comparing Ouster Inc share performance against respective industry, we note that the company has outperformed competitors. Ouster Inc (OUST) shares are 75.37% up over the last 6 months, with its year-to-date growth rate higher than industry average at 62.26% against 3.90%.

OUST Dividends

Ouster Inc has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ouster Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

The next major institution holding the largest number of shares is AIGH Capital Management LLC with 1.86 shares, or about 4.11% of shares outstanding. As of the market price on Mar 31, 2024, these shares were worth $24.07 million.