OraSure Technologies, Inc. (OSUR), National Oilwell Varco, Inc. (NOV) in Focus on Mixed Analyst Coverage

OraSure Technologies, Inc. (NASDAQ:OSUR) recent drop took place on significantly more volume which surged nearly 2648439 contracts on 07-Feb-19 versus its daily average of 943280. The first sale was made at $9.73 but later the stock became weaker, and closed with a fall of -24.82%. It was last traded at $9.63 apiece.

OraSure Technologies, Inc. (OSUR): Outperform Candidate With 60.96% Upside Potential

OraSure Technologies, Inc. is maintained at an average outperform rating by 4 stock analysts, and there are at least 2.58% of shares outstanding that are currently legally short sold. The shares went down by -17.97% in value last month. Year-to-date it plunged -17.55%. Analysts are turning out to be more optimistic than before, with 1 of analysts who cover OraSure Technologies, Inc. (NASDAQ:OSUR) advice adding it to buy candidate list. Wall Street experts also assign a $15.5 price target on OraSure Technologies, Inc., pointing towards a 60.96% rally from current levels. The stock is trading for about -53.6% less than its 52-week high.

OraSure Technologies, Inc. Reports 4.18% Sales Growth

OraSure Technologies, Inc. (OSUR) remained successful in beating the consensus-estimated $0.11 as it actually earned $0.18 per share in its last reported financial results. Revenue, on the other hand, scored 4.18% growth from the previous quarter, coming up with $47.8 million.

OSUR Retreats -25.06% In A Week

This company shares (OSUR) so far managed to recover -6.23% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 4.51% while widening the period to a month, volatility was 3.56%. The share price has yet to cross its 20 days moving average, floating at a distance of -21.65% and sits -20.29% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -25.06% losses and is down by -35.77% compared with its 200-day moving average of $14.13. Also, OraSure Technologies, Inc. (OSUR) needs to overturn a -52.23% decrease it experienced over the past twelve months.

National Oilwell Varco, Inc. (NYSE:NOV) Consensus Call At 2.7

As regular trading ended, National Oilwell Varco, Inc. (NOV) stock brought in a -$1.94 drop to $28.64. The day started at a price of $32.56 but then traded as high as $32.63 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.7. National Oilwell Varco, Inc. is given 4 buy-equivalent recommendations, 1 sells and 15 holds. The company shares sank -41.65% from their peak of $49.08 and now has a $10.6 billion market value of equity.

National Oilwell Varco, Inc. Could Grow 16.06% More

NOV’s mean recommendation on Reuter’s scale slipped from 2.73 thirty days ago to 2.67 now, which indicates a hold consensus from the analyst community. They see National Oilwell Varco, Inc. (NOV) price hitting a mean target of $33.24 a share, meaning the stock still has potential that could lift the price another 16.06% . Also, the recent close suggests the stock is underpriced by 60.61% compared to the most bullish target.

National Oilwell Varco, Inc. (NOV) Returns 11.44% This Year

The company had seen its current volume reaching at 9351732 shares in the last trade. That compares with the recent volume average of 5335480. At the close of regular trading, its last week’s stock price volatility was 3.46% which for the month reaches 5.11%. National Oilwell Varco, Inc. dipped to as low as $28.37 throughout the day and has returned 11.44% in this year. At one point in the past year, the shares traded as low as $24.27 but has recovered 18.01% since then.