Ouster Stock Moves Above 50-Day SMA: What Should Investors Know?
Key Takeaways Ouster closed above its 50-day moving average after gaining 32.7% over the past three months.The Velodyne merger boosted Ouster's LiDAR portfolio, driving cost synergies and higher margins.Ouster targets 30-50% annual revenue growth as it shifts toward software-led, recurring revenue modelsShares of Ouster, Inc. (OUST) closed at 28.93, indicating a bullish trend. Shares have gained 32.7% in the past three months, outperforming the industry’s increase ...