Orasure Technologies Inc. (OSUR) kicked off at the price of $5.22: Venture capitalists have an exciting new opportunity

Orasure Technologies Inc. (NASDAQ: OSUR) kicked off on Tuesday, down -3.51% from the previous trading day, before settling in for the closing price of $5.41. Over the past 52 weeks, OSUR has traded in a range of $4.38-$8.45.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 20.54%. With a float of $70.41 million, this company’s outstanding shares have now reached $73.53 million.

Considering the fact that the conglomerate employs 638 people, you should pay attention to its efficiency factor.

Orasure Technologies Inc. (OSUR) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Orasure Technologies Inc. is 4.59%, while institutional ownership is 94.29%. The most recent insider transaction that took place on Dec 19 ’23, was worth 194,219. In this transaction Chief Product Officer of this company sold 24,129 shares at a rate of $8.05, taking the stock ownership to the 254,700 shares. Before that another transaction happened on Aug 15 ’23, when Company’s SVP Finance & CAO sold 1,758 for $6.50, making the entire transaction worth $11,427. This insider now owns 86,188 shares in total.

Orasure Technologies Inc. (OSUR) Recent Fiscal highlights

For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 17.20% growth over the previous five years of trading.

Orasure Technologies Inc. (NASDAQ: OSUR) Trading Performance Indicators

Take a look at Orasure Technologies Inc.’s (OSUR) current performance indicators. Last quarter, stock had a quick ratio of 8.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95. Likewise, its price to free cash flow for the trailing twelve months is 2.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach -0.07 in one year’s time.

Technical Analysis of Orasure Technologies Inc. (OSUR)

Compared to the last year’s volume of 0.9 million, its volume of 0.55 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 4.33%. Additionally, its Average True Range was 0.24.

During the past 100 days, Orasure Technologies Inc.’s (OSUR) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.95% in the past 14 days, which was lower than the 40.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.64, while its 200-day Moving Average is $6.42. Nevertheless, the first resistance level for the watch stands at $5.33 in the near term. At $5.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.50. If the price goes on to break the first support level at $5.16, it is likely to go to the next support level at $5.11. Now, if the price goes above the second support level, the third support stands at $4.99.

Orasure Technologies Inc. (NASDAQ: OSUR) Key Stats

The company with the Market Capitalisation of 385.24 million has total of 76,510K Shares Outstanding. Its annual sales at the moment are 405,470 K in contrast with the sum of 53,660 K annual income. Company’s last quarter sales were recorded 75,880 K and last quarter income was 20,070 K.