Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Orasure Technologies Inc’s stock clocked out at $3.91, down -2.01% from its previous closing price of $3.99. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 0.69 million shares were traded. OSUR stock price reached its highest trading level at $3.985 during the session, while it also had its lowest trading level at $3.88.
Ratios:
To gain a deeper understanding of OSUR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.56. For the most recent quarter (mrq), Quick Ratio is recorded 11.20 and its Current Ratio is at 12.60. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On August 21, 2020, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $22.Evercore ISI initiated its Outperform rating on August 21, 2020, with a $22 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OSUR now has a Market Capitalization of 291663328 and an Enterprise Value of 30166674. As of this moment, Orasure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.135 whereas that against EBITDA is 3.083.
Stock Price History:
The Beta on a monthly basis for OSUR is -0.05, which has changed by -0.44506258 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. Over the past 52 weeks, OSUR has reached a high of $8.04, while it has fallen to a 52-week low of $3.52. The 50-Day Moving Average of the stock is 2.11%, while the 200-Day Moving Average is calculated to be -8.70%.
Shares Statistics:
It appears that OSUR traded 888.06K shares on average per day over the past three months and 951030 shares per day over the past ten days. A total of 74.59M shares are outstanding, with a floating share count of 72.09M. Insiders hold about 3.35% of the company’s shares, while institutions hold 88.77% stake in the company. Shares short for OSUR as of 1736899200 were 1626426 with a Short Ratio of 1.83, compared to 1734048000 on 1399644. Therefore, it implies a Short% of Shares Outstanding of 1626426 and a Short% of Float of 2.74.
