Craig-Hallum analyst Richard Shannon reiterated a Buy rating on Ouster (OUST – Research Report) today. The company’s shares closed last Friday at $4.16.
Shannon covers the Technology sector, focusing on stocks such as Ouster, Emcore, and Coherent Corp. According to TipRanks, Shannon has an average return of 0.0% and a 39.06% success rate on recommended stocks.
Currently, the analyst consensus on Ouster is a Moderate Buy with an average price target of $1.31.
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The company has a one-year high of $29.85 and a one-year low of $3.21. Currently, Ouster has an average volume of 657.1K.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OUST in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Colonnade Acquisition Corp is a blank check company.
Read More on OUST:
- Ouster says 1-for-10 reverse stock split becomes effective
- Hesai calls Ouster patent infringement complaints ‘deeply flawed’
- Ouster receives continued listing standards non-compliance notice from NYSE
- Ouster Sues Hesai Group for Patent Infringement
- Ouster issues patent infringement complaint with ITC against Hesai
