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OraSure Technologies (OSUR) Jumps: Stock Up 10.3%

Zacks Equity Research

OraSure Technologies, Inc. (OSUR) was a big mover last session, as its shares rose over 10% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the healthcare company, as the stock is now trading above the volatile price range of $5.53 to $6.98 in the past one-month timeframe.

In the last 30-day frame, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

OraSure currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Other better-ranked stocks in the medical sector include Baxter International Inc. (BAX), PositiveID Corporation (PSID) and Covidien plc (COV). All three carry a Zacks Rank #2 (Buy).

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