Orasure Technologies Inc (NASDAQ:OSUR) shares, rose in value on Friday, March 28, with the stock price down by -1.72% to the previous day’s close as strong demand from buyers drove the stock to $3.43.
Actively observing the price movement in the last trading, the stock closed the session at $3.49, falling within a range of $3.385 and $3.56. The value of beta (5-year monthly) was -0.023. Referring to stock’s 52-week performance, its high was $6.35, and the low was $2.68. On the whole, OSUR has fluctuated by 9.58% over the past month.
With the market capitalization of Orasure Technologies Inc currently standing at about $256.56 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 135.53M, with a low estimate of 29.14M and a high estimate of 30M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 29.65M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OSUR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of OSUR currently trading nearly -0.74% and -6.97% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.43, while the 7-day volatility ratio is showing 6.87% which for the 30-day chart, stands at 5.20%. Furthermore, Orasure Technologies Inc (OSUR)’s beta value is 0.76, and its average true range (ATR) is 0.21.
A comparison of Orasure Technologies Inc (OSUR) with its peers suggests the former has fared considerably weaker in the market. OSUR showed an intraday change of -1.72% in last session, and over the past year, it shrunk by -43.59%%.
Data on historical trading for Orasure Technologies Inc (NASDAQ:OSUR) indicates that the trading volumes over the past 10 days have averaged 0.69 and over the past 3 months, they’ve averaged 883.97K. According to company’s latest data on outstanding shares, there are 74.60 million shares outstanding.
Nearly 4.34% of Orasure Technologies Inc’s shares belong to company insiders and institutional investors own 89.96% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.26 million shares as on 2025-03-14, resulting in a short ratio of 2.18. According to the data, the short interest in Orasure Technologies Inc (OSUR) stood at 379.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.22 million. The stock has fallen by -4.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OSUR stock heading into the next quarter.
