Orasure Technologies Inc (OSUR) Shares Up Despite Recent Market Volatility

Orasure Technologies Inc (NASDAQ: OSUR)’s stock price has gone rise by 0.91 in comparison to its previous close of 3.83, however, the company has experienced a 1.44% increase in its stock price over the last five trading days. globenewswire.com reported 2024-11-18 that BETHLEHEM, Pa., Nov. 18, 2024 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (NASDAQ: OSUR) announced today that the company is scheduled to participate in the following investor conference:

Is It Worth Investing in Orasure Technologies Inc (NASDAQ: OSUR) Right Now?

The price-to-earnings ratio for Orasure Technologies Inc (NASDAQ: OSUR) is 25.70x, which is above its average ratio. Moreover, the 36-month beta value for OSUR is 0.04. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for OSUR is 72.06M and currently, short sellers hold a 1.53% of that float. On November 27, 2024, OSUR’s average trading volume was 643.40K shares.

OSUR’s Market Performance

OSUR stock saw a decrease of 1.44% in the past week, with a monthly decline of -9.27% and a quarterly a decrease of -14.68%. The volatility ratio for the week is 3.03%, and the volatility levels for the last 30 days are 4.00% for Orasure Technologies Inc (OSUR). The simple moving average for the last 20 days is -4.24% for OSUR’s stock, with a simple moving average of -20.93% for the last 200 days.

Analysts’ Opinion of OSUR

Many brokerage firms have already submitted their reports for OSUR stocks, with Evercore ISI repeating the rating for OSUR by listing it as a “In-line.” The predicted price for OSUR in the upcoming period, according to Evercore ISI is $5 based on the research report published on January 03, 2023 of the previous year 2023.

Evercore ISI gave a rating of “Outperform” to OSUR, setting the target price at $22 in the report published on August 21st of the previous year.

OSUR Trading at -5.91% from the 50-Day Moving Average

After a stumble in the market that brought OSUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.26% of loss for the given period.

Volatility was left at 4.00%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares sank -7.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.32% lower at present.

During the last 5 trading sessions, OSUR rose by +1.44%, which changed the moving average for the period of 200-days by -44.63% in comparison to the 20-day moving average, which settled at $4.04. In addition, Orasure Technologies Inc saw -52.87% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at OSUR starting from Weber Kathleen Gallagher, who sale 24,129 shares at the price of $8.05 back on Dec 19 ’23. After this action, Weber Kathleen Gallagher now owns 254,700 shares of Orasure Technologies Inc, valued at $194,219 using the latest closing price.

Stock Fundamentals for OSUR

Current profitability levels for the company are sitting at:

  • -0.01 for the present operating margin
  • 0.56 for the gross margin

The net margin for Orasure Technologies Inc stands at 0.06. The total capital return value is set at -0.0. Equity return is now at value 2.74, with 2.46 for asset returns.

Based on Orasure Technologies Inc (OSUR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 55.89. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -0.62.

Currently, EBITDA for the company is 64.35 million with net debt to EBITDA at -17.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.11. The receivables turnover for the company is 6.85for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.60.

Conclusion

To wrap up, the performance of Orasure Technologies Inc (OSUR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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