Orasure Technologies Inc.’s recently made public that its Chief Product Officer Weber Kathleen Gallagher unloaded Company’s shares for reported $0.19 million on Dec 19 ’23. In the deal valued at $8.05 per share,24,129 shares were sold. As a result of this transaction, Weber Kathleen Gallagher now holds 254,700 shares worth roughly $1.38 million.
Then, Anthony Michele Marie sold 1,758 shares, generating $11,427 in total proceeds. Upon selling the shares at $6.50, the SVP Finance & CAO now owns 86,188 shares.
Before that, McGrath Kenneth J bought 100,000 shares. Orasure Technologies Inc. shares valued at $492,810 were divested by the Chief Financial Officer at a price of $4.93 per share. As a result of the transaction, McGrath Kenneth J now holds 285,512 shares, worth roughly $1.54 million.
A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late September from “an Outperform” to “a Mkt perform”. Evercore ISI began covering OSUR with “an Outperform” recommendation on August 21, 2020. JP Morgan started covering the stock on August 10, 2020. It rated OSUR as “a Neutral”.
Price Performance Review of OSUR
On Monday, Orasure Technologies Inc. [NASDAQ:OSUR] saw its stock fall -1.99% to $5.41. Over the last five days, the stock has lost -8.61%. Orasure Technologies Inc. shares have fallen nearly -34.02% since the year began. Nevertheless, the stocks have fallen -21.25% over the past one year. While a 52-week high of $8.45 was reached on 01/04/24, a 52-week low of $4.38 was recorded on 04/15/24. SMA at 50 days reached $6.68, while 200 days put it at $6.42. A total of 0.66 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For OSUR Stock
The 24-hour chart illustrates a support level at 5.35, which if violated will result in even more drops to 5.29. On the upside, there is a resistance level at 5.51. A further resistance level may holdings at 5.62. The Relative Strength Index (RSI) on the 14-day chart is 23.85, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.44%. Stochastics %K at 4.20% indicates the stock is a buying.
The most recent change occurred on August 10, 2020 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $18 price target.
