Orasure Technologies Inc. (NASDAQ: OSUR) is -48.05% lower on its value in year-to-date trading and has touched a low of $3.91 and a high of $8.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OSUR stock was last observed hovering at around $4.25 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $4.26, the stock is -0.84% and -0.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 0.24% at the moment leaves the stock -27.28% off its SMA200. OSUR registered -26.68% loss for a year compared to 6-month loss of -39.40%.
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The stock witnessed a 2.40% gain in the last 1 month and extending the period to 3 months gives it a -5.96%, and is -4.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.51% over the week and 3.93% over the month.
Orasure Technologies Inc. (OSUR) has around 638 employees, a market worth around $317.67M and $273.54M in sales. Current P/E ratio is 11.80. Profit margin for the company is 9.88%. Distance from 52-week low is 8.81% and -49.59% from its 52-week high. The company has generated returns on investments over the last 12 months (6.20%).
The EPS is expected to shrink by -126.54% this year
289.0 institutions hold shares in Orasure Technologies Inc. (OSUR), with institutional investors hold 97.80% of the company’s shares. The shares outstanding are 73.53M, and float is at 72.07M with Short Float at 2.83%. Institutions hold 94.85% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.38 million shares valued at $31.44 million. The investor’s holdings represent 9.9799 of the OSUR Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 4.41 million shares valued at $18.78 million to account for 5.9613 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.27 million shares representing 5.7756 and valued at over $18.19 million, while CAMBER CAPITAL MANAGEMENT LP holds 5.7474 of the shares totaling 4.25 million with a market value of $18.11 million.
Orasure Technologies Inc. (OSUR) Insider Activity
The most recent transaction is an insider sale by Weber Kathleen Gallagher, the company’s Chief Product Officer. SEC filings show that Weber Kathleen Gallagher sold 24,129 shares of the company’s common stock on Dec 19 ’23 at a price of $8.05 per share for a total of $0.19 million. Following the sale, the insider now owns 0.25 million shares.
