Orasure Technologies Inc (OSUR) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Orasure Technologies Inc (NASDAQ: OSUR) is above average at 25.73x. The 36-month beta value for OSUR is also noteworthy at 0.04. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”

The public float for OSUR is 72.06M, and at present, short sellers hold a 1.53% of that float. The average trading volume of OSUR on December 05, 2024 was 636.85K shares.

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OSUR) stock’s latest price update

The stock of Orasure Technologies Inc (NASDAQ: OSUR) has increased by 1.04 when compared to last closing price of 3.83. Despite this, the company has experienced a 1.04% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-02 that BETHLEHEM, Pa., Dec. 02, 2024 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (NASDAQ: OSUR), a leader in point-of-care and home diagnostic tests and sample management solutions, today announced that it received an award through the Rapid Response Partnership Vehicle (RRPV) for the development of a Marburg Virus Disease (MVD) rapid antigen test. The RRPV is a Consortium funded by the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS).

OSUR’s Market Performance

OSUR’s stock has risen by 1.04% in the past week, with a monthly drop of -8.29% and a quarterly drop of -13.42%. The volatility ratio for the week is 3.36% while the volatility levels for the last 30 days are 4.09% for Orasure Technologies Inc The simple moving average for the past 20 days is -2.46% for OSUR’s stock, with a -19.84% simple moving average for the past 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 -4.85% 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 -54.20% of loss for the given period.

Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares sank -9.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.00% lower at present.

During the last 5 trading sessions, OSUR rose by +1.04%, which changed the moving average for the period of 200-days by -43.26% in comparison to the 20-day moving average, which settled at $3.97. In addition, Orasure Technologies Inc saw -52.80% 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

In summary, Orasure Technologies Inc (OSUR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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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