This trade activity should not be overlooked: Orasure Technologies Inc (OSUR)

With 1.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. The 52-week range on OSUR shows that it touched its highest point at $5.55 and its lowest point at $2.68 during that stretch. It currently has a 1-year price target of $4.50. Beta for the stock currently stands at 0.45.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OSUR was down-trending over the past week, with a drop of -11.56%, but this was down by -11.26% over a month. Three-month performance dropped to -33.50% while six-month performance fell -38.39%. The stock lost -52.73% in the past year, while it has lost -27.98% so far this year. A look at the trailing 12-month EPS for OSUR yields -0.26 with Next year EPS estimates of -0.27. For the next quarter, that number is -0.17. This implies an EPS growth rate of -94.87% for this year and 46.71% for next year.

Float and Shares Shorts:

At present, 74.60 million OSUR shares are outstanding with a float of 74.13 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OSUR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.15347 being high and -$0.19731 being low. For OSUR, this leads to a yearly average estimate of -$0.17539. Based on analyst estimates, the high estimate for the next quarter is -$0.13 and the low estimate is -$0.15. The average estimate for the next quarter is thus -$0.14.