OraSure Technologies Inc (NASDAQ: OSUR) has recently experienced important negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.
Recent meaningful negative changes in investment behavior have impacted OraSure Technologies Inc (NASDAQ: OSUR): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
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, with the Negative Value Trend Rating the result.
Recent Price Action
On 5/7/24, OraSure Technologies Inc (NASDAQ: OSUR) stock rose modestly by 0.7%, closing at $5.54. However, unusually low trading volume at 63% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 2.6% during the last week.
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