Taking this into account, 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 Friday, Orasure Technologies Inc [NASDAQ:OSUR] saw its stock fall -2.30% to $3.82. Over the last five days, the stock has lost -4.98%. Orasure Technologies Inc shares have risen nearly 5.82% since the year began. Nevertheless, the stocks have fallen -49.27% over the past one year. While a 52-week high of $8.04 was reached on 01/27/25, a 52-week low of $3.52 was recorded on 01/02/25. SMA at 50 days reached $3.83, while 200 days put it at $4.28.
Levels Of Support And Resistance For OSUR Stock
The 24-hour chart illustrates a support level at 3.74, which if violated will result in even more drops to 3.67. On the upside, there is a resistance level at 3.92. A further resistance level may holdings at 4.02. The Relative Strength Index (RSI) on the 14-day chart is 47.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.37%. Stochastics %K at 53.80% indicates the stock is a holding.
How much short interest is there in Orasure Technologies Inc?
A steep rise in short interest was recorded in Orasure Technologies Inc stocks on 2025-01-15, growing by 0.23 million shares to a total of 1.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.4 million shares. There was a rise of 13.94%, which implies that there is a positive sentiment for the stock.
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.