Orasure Technologies Inc. (NASDAQ: OSUR) on Tuesday, plunged -4.45% from the previous trading day, before settling in for the closing price of $4.27. Within the past 52 weeks, OSUR’s price has moved between $4.11 and $8.45.
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Healthcare Sector giant saw their annual sales surged by 20.54% over the last five years. The company achieved an average annual earnings per share of -113.63%. With a float of $71.56 million, this company’s outstanding shares have now reached $73.53 million.
The firm has a total of 638 workers. Let’s measure their productivity.
Orasure Technologies Inc. (OSUR) Insider Activity
Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Orasure Technologies Inc. is 3.24%, while institutional ownership is 94.31%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -113.63% per share during the next fiscal year. 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
Orasure Technologies Inc. (OSUR) is currently performing well based on its current performance indicators. A quick ratio of 10.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99. Likewise, its price to free cash flow for the trailing twelve months is 2.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach -0.15 in one year’s time.
Technical Analysis of Orasure Technologies Inc. (OSUR)
Analysing the last 5-days average volume posted by the [Orasure Technologies Inc., OSUR], we can find that recorded value of 1.28 million was better than the volume posted last year of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 17.31%. Additionally, its Average True Range was 0.20.
During the past 100 days, Orasure Technologies Inc.’s (OSUR) raw stochastic average was set at 0.25%, which indicates a significant decrease from 1.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.82% in the past 14 days, which was higher than the 44.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.86, while its 200-day Moving Average is $6.24. Now, the first resistance to watch is $4.18. This is followed by the second major resistance level at $4.29. The third major resistance level sits at $4.34. If the price goes on to break the first support level at $4.02, it is likely to go to the next support level at $3.97. Should the price break the second support level, the third support level stands at $3.86.
Orasure Technologies Inc. (NASDAQ: OSUR) Key Stats
Market capitalization of the company is 301.76 million based on 73,959K outstanding shares. Right now, sales total 405,470 K and income totals 53,660 K. The company made 54,130 K in profit during its latest quarter, and -3,580 K in sales during its previous quarter.
