Stock Rating Downgrade
During the last several trading days the Value Trend Rating for OraSure Technologies Inc (NASDAQ: OSUR) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
OraSure Technologies Inc (NASDAQ: OSUR) stock closed at $5.49 on 5/3/24 after a slight gain of 0.2%. However, this advance was accompanied by below average trading volume at 69% of normal. The stock has risen 4.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, OSUR is expected to be Value Creation neutral.
OraSure Technologies has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. OraSure Technologies has a neutral Power Rating of 41 and a slightly negative Appreciation Score of 35, producing the Negative Value Trend Rating.
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