After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed OraSure Reports Q4 ‘23 Revenue of $75.9 Million.
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Stocks Info
As a NASDAQ listed company, OSUR falls under the Healthcare sector while operating within the Medical Instruments & Supplies industry segment. At the end of the last regular session, the stock closed at $7.03 and fluctuated between $7.15 as its day high and $6.97 as its day low. The current market capitalization of Orasure Technologies Inc. is $516.56M. A total of 0.65 million shares were traded on the day, compared to an average of 774.09K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, OSUR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 15 BUYs and 13 SELLs from insiders. Insiders purchased 625,634 shares during that period but sold 96,162.
In the most recent transaction, Weber Kathleen Gallagher sold 24,129 shares of OSUR for 8.05 per share on Dec 19. After the transaction, the Chief Product Officer now owns 254,700 company shares. In a previous transaction on Aug 15, Anthony Michele Marie sold 1,758 shares at 6.50 per share. OSUR shares that SVP Finance & CAO owns now total 86,188.
Among the insiders who bought shares, McGrath Kenneth J acquired of 100,000 shares on May 30 at a per-share price of $4.93. This resulted in the Chief Financial Officer holding 285,512 shares of OSUR after the transaction.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for OSUR in the last 3 months, the mean price target is $8.67 with high estimates of $9.00 and low estimates of $8.00. In terms of 52-week highs and lows, OSUR has a high of $8.45 and a low of $4.38.
As of this writing, OSUR has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.12 per share and a lower estimate of $0.06. The company reported an EPS of -$0.07 in the last quarter, which was 12.50% higher than expectations of -$0.08.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. OSUR’s latest balance sheet shows that the firm has $153.04M in Cash & Short Term Investments as of fiscal 2021. There were $12.27M in debt and $68.06M in liabilities at the time. Its Book Value Per Share was $5.51, while its Total Shareholder’s Equity was $380.53M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OSUR is Buy with a score of 3.33.
