Ouster, Inc. (OUST): Price and Financial Metrics
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OUST Price/Volume Stats
|Current price||$6.90||52-week high||$17.73|
|Prev. close||$6.83||52-week low||$6.49|
|Day high||$7.01||Avg. volume||1,386,899|
|50-day MA||$7.83||Dividend yield||N/A|
|200-day MA||$10.41||Market Cap||1.11B|
Ouster, Inc. (OUST) Company Bio
Ouster, Inc. engages in the provision of high resolution digital lidar sensors that offer advanced 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. The company was founded on June 30, 2015 and is headquartered in San Francisco, CA. The listed name for OUST is Ouster, Inc.
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Latest OUST News From Around the Web
Below are the latest news stories about Ouster Inc that investors may wish to consider to help them evaluate OUST as an investment opportunity.
SAN FRANCISCO, October 18, 2021--Q3 2021 Earnings Date Announcement
Intel is refreshing its server CPUs and extending its growth in the autonomous driving space through its Mobileye unit.
SAN FRANCISCO, October 13, 2021--Ouster, Inc. (NYSE: OUST) ("Ouster" or the "Company"), a leading provider of high-resolution digital lidar sensors for the industrial, automotive, smart infrastructure, and robotics industries, announced today the appointment of Karin Rådström to its Board of Directors. Rådström brings over 15 years of commercial automotive experience leading sales and marketing efforts at Scania and Daimler Trucks AG.
Ouster (OUST) is set to acquire Sense Photonics, a developer of digital solid-state lidar sensors commonly used in the auto industry. The acquisition is poised to strengthen the company's position in the auto industry. OUST shares rose 2.09% to close at $7.31 on October 5. Under the terms of the deal, Ouster will acquire 100% of Sense Photonic's capital stock for 9.5 million OUST shares. The company's management expects an impact of about $17 million in additional operating expenses in 2022 following the acquisition. The transaction should close in the fourth quarter of 2021.
Ouster to Establish Automotive Group with Planned Acquisition of Sense Photonics to Accelerate Automotive Growth and Bring Solid-State Digital Lidar to Market
SAN FRANCISCO, October 05, 2021--Ouster, Inc. (NYSE: OUST) ("Ouster" or the "Company") announced today that it has signed a definitive agreement to acquire Sense Photonics ("Sense"), which has developed a digital solid-state lidar sensor for automotive series production. Upon closing the strategic all-stock acquisition Ouster plans to establish Ouster Automotive, a new functional division of the company focused on driving mass-market adoption of digital lidar in consumer and commercial vehicles,
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