HomeIndustryWill Earnings...

Will Earnings Beat Estimates? OraSure Technologies Inc. (OSUR) Stock

Evercore ISI raised the price target for the OraSure Technologies Inc. (NASDAQ:OSUR) stock to “an In-line”. The rating was released on January 03, 2023, according to finviz.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of OraSure Technologies Inc. (NASDAQ:OSUR) dipped -2.47% to close Friday’s market session at $5.53, lower as compared to yesterday’s close. The stock price fluctuated between $5.43 and $5.76 throughout the trading session with the volume trading being 2548983 shares, which represented a significant variation when compared to the three months average volume of 628.83K shares. The firm’s stock price fluctuated -8.44% within the last five trades and -14.13% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -15.18% in the last 6 months and 1.10% was added to its value over the previous 3 months. OSUR stock is trading at a margin of -13.33%, -1.61% and -2.33% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free

As of the close of trading, OSUR deals in the Healthcare domain. The stock is trading -29.28 percent below its 52-week high and 60.29 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 12.3. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does OraSure Technologies Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 6.70 percent and the profit margin is 9.00 percent, and the company has reported a gross margin of 40.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $416.30 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for OraSure Technologies Inc. (NASDAQ:OSUR) is 9.39. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.87 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.03, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.70 percent of OraSure Technologies Inc. shares are owned by insiders, and 87.90 percent are held by financial institutions. Anthony Michele Marie, the SVP Finance & CAO at OraSure Technologies Inc. (OSUR) has sold 1,758 shares of firm on Aug 15 at a price of $6.50 against the total amount of $11427.0. In another inside trade, McGrath Kenneth J, Chief Financial Officer of OraSure Technologies Inc. (NASDAQ:OSUR) bought 100,000 shares of the firm on May 30 for a total worth of $0.49 million at a price of $4.93.



Please enter your comment!
Please enter your name here

Recent Post