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Video: What is a Stock Split?
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Ouster is a provider of digital lidar sensors that provides 3D vision to machinery, vehicles, robots, and fixed infrastructure assets, allowing each to understand and visualize the surrounding world. Co.'s digital lidar product lines are: OS scanning sensors and DF flash sensors. Co.'s OS product line features sensor models which provides various configuration options, including but not limited to different resolutions and different data output structures. The DF series is designed to meet automaker requirements for Advanced Driver Assisted Systems and automated driving, while integrating into the vehicle architecture and design. According to our OUST split history records, Ouster has had 1 split. | |
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Ouster (OUST) has 1 split in our OUST split history database. The split for OUST took place on April 21, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of OUST owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as Ouster conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the OUST split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ouster shares, starting with a $10,000 purchase of OUST, presented on a split-history-adjusted basis factoring in the complete OUST split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/09/2020 |
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End date: |
04/22/2024 |
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Start price/share: |
$97.00 |
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End price/share: |
$7.03 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-92.75% |
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Average Annual Total Return: |
-52.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$724.47 |
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Years: |
3.54 |
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Date |
Ratio |
04/21/2023 | 1 for 10 |
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