At the last check on Friday, OraSure Technologies Inc.’s (NASDAQ:OSUR) stock was up $1.15, moving up 25.72 percent to $5.64. The average number of shares traded per day over the past five days has been 643,577 shares. 2 times new highs have been achieved over the past 5 days, with a $1.01 gain in that time frame. In the last twenty days, the average volume was 526,039, while in the previous 50 days, it was 595,642.
Since last month, OSUR stock rose 20.36%. Shares of the company fell to $4.38 on 07/20/23, the lowest level in the past month. A 52-week high of $7.82 was reached on 05/11/23 after having rallying from a 52-week low of $3.11. Since the beginning of this year, OSUR’s stock price has risen by 17.12% or $0.82, and marked a new high 25 times. However, the stock has declined by -27.81% since its 52-week high.
OSUR stock investors should be aware that OraSure Technologies Inc. (OSUR) stock had its last reported insider trading activity 66 days ago on May 30. McGrath Kenneth J, the Chief Financial Officer of the company, purchased of 100,000 shares for $4.93 on May 30. It resulted in a $492,810 investment by the insider. LANCASTER RONNY B added 50,000 shares at an average price of $4.00 on Aug 26. The insider now owns 104,782 shares following the transaction. On Aug 25, Director Aspinall Mara G. bought 6,000 shares at $4.19 apiece. The transaction was valued at $25,138.
Valuation Metrics
Right now, OraSure Technologies Inc. (OSUR) has a P/E ratio of about 14.29. The stock’s beta is 0.10. Besides these, the trailing price-to-sales (P/S) ratio of 0.87, the price-to-book (PB) ratio of 1.05.
Financial Health
In the three months ended June 29, OraSure Technologies Inc.’s quick ratio stood at 4.80, while its current ratio was 6.20, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 39.90% percent. In the year ended June 29, EBITDA margin amounted to 2.39%, whereas operating margins totaled 3.70%. Based on annual data, OSUR earned $147.64 million in gross profit and brought in $387.48 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -6.70%. Return on equity (ROE) for the past 12 months was 8.10%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. OSUR’s revenue rose 56.3% to $123.08 million during the quarter, while net income inched up to $154.96 million. While analysts expected OraSure Technologies Inc. to report -$0.08 quarterly earnings, the actual figure was -$0.07 per share, beating the consensus estimate by 12.50%. During the quarter, the company generated $28.02 million in EBITDA. The liabilities of OraSure Technologies Inc. were 65.24 million at the end of its most recent quarter ended June 29, and its total debt was $12.09 million. The value of shareholders’ equity is $73.26 million.
Technical Picture
This quick technical analysis looks at OraSure Technologies Inc.’s (OSUR) price momentum. With a historical volatility rate of 117.15%, the RSI 9-day stood at 79.90% on 03 August.
With respect to its five-day moving average, the current OraSure Technologies Inc. price is up by +21.81% percent or $1.01. At present, OSUR shares trade +22.08% above its 20-day simple moving average and -9.47% percent below its 100-day simple moving average. However, the stock is currently trading approximately +7.22% above its SMA50 and +44.25% above its SMA200.
Stochastic coefficient K was 54.98% and Stochastic coefficient D was 52.95%, while ATR was 0.26. Given the Stochastic reading of 99.61% for the 14-day period, the RSI (14) reading has been calculated as 71.20%. As of today, the MACD Oscillator reading stands at 0.18, while the 14-day reading stands at 0.25.
Analyst Ratings
OraSure Technologies Inc. (OSUR) has been rated Hold by analysts. According to 0 brokerage firms, OSUR is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate OraSure Technologies Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $5.25, the current consensus forecast for the stock is $5.00 – $7.00. Based on these forecasts, analysts predict OraSure Technologies Inc. (OSUR) will achieve an average price target of $5.85.
