As of Friday close, OraSure Technologies Inc.’s (NASDAQ:OSUR) stock was up $0.17, moving up 2.62 percent to $6.66. The average number of shares traded per day over the past five days has been 697,100 shares. 4 times new highs have been achieved over the past 5 days, with a $0.13 gain in that time frame. In the last twenty days, the average volume was 828,190, while in the previous 50 days, it was 665,760.
Since last month, OSUR stock rose 51.36%. 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 $3.45. Since the beginning of this year, OSUR’s stock price has risen by 38.17% or $1.84, and marked a new high 25 times. However, the stock has declined by -14.83% since its 52-week high.
OSUR stock investors should be aware that OraSure Technologies Inc. (OSUR) stock had its last reported insider trading activity 4 days ago on Aug 15. Anthony Michele Marie, the SVP Finance & CAO of the company, disposed of 1,758 shares for $6.50 on Aug 15. It resulted in a $11,427 divestment by the insider. McGrath Kenneth J added 100,000 shares at an average price of $4.93 on May 30. The insider now owns 285,512 shares following the transaction. On Aug 26, Director LANCASTER RONNY B bought 50,000 shares at $4.00 apiece. The transaction was valued at $200,000.
Valuation Metrics
Right now, OraSure Technologies Inc. (OSUR) has a P/E ratio of about 11.31. The stock’s beta is -0.03. Besides these, the trailing price-to-sales (P/S) ratio of 0.98, the price-to-book (PB) ratio of 1.24, and the price-to-cash flow ratio of 10.66 may also be considered.
Financial Health
In the three months ended June 29, OraSure Technologies Inc.’s quick ratio stood at 5.80, while its current ratio was 7.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 40.70% percent. In the year ended June 29, EBITDA margin amounted to 2.39%, whereas operating margins totaled 6.70%. 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 11.60%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. OSUR’s revenue rose 6.02% to $154.96 million during the quarter, while net income inched up to $85.37 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 $3.89 million in EBITDA. The liabilities of OraSure Technologies Inc. were 59.45 million at the end of its most recent quarter ended June 29, and its total debt was $15.42 million. The value of shareholders’ equity is $73.42 million.
Technical Picture
This quick technical analysis looks at OraSure Technologies Inc.’s (OSUR) price momentum. With a historical volatility rate of 137.48%, the RSI 9-day stood at 75.98% on 18 August.
With respect to its five-day moving average, the current OraSure Technologies Inc. price is up by +1.99% percent or $0.13. At present, OSUR shares trade +47.35% above its 20-day simple moving average and +14.24% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.09% above its SMA50 and +52.75% above its SMA200.
Stochastic coefficient K was 92.21% and Stochastic coefficient D was 90.14%, while ATR was 0.29. Given the Stochastic reading of 97.84% for the 14-day period, the RSI (14) reading has been calculated as 72.95%. As of today, the MACD Oscillator reading stands at 0.08, while the 14-day reading stands at 0.53.
