Alert: Rating Upgrade (5/1/24)-OraSure Technologies Inc (NASDAQ: OSUR).

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Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for OraSure Technologies Inc (NASDAQ: OSUR) improved during the last several trading days. OSUR’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.

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Recent Price Action

OraSure Technologies Inc (NASDAQ: OSUR) stock rose modestly by 0.8% on 5/1/24. The stock closed at $5.33. However, this advance was accompanied by exceptionally low trading volume at 42% of normal. The stock has performed in line with the market over the last nine months and has declined -3.6% during the last week.

Current PriceTarget Research Rating

OSUR is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

OraSure Technologies has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. OraSure Technologies has a slightly negative Appreciation Score of 36 and a neutral Power Rating of 52, triggering the Low Neutral Value Trend Rating.

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