OSR (NASDAQ:OSRH) Stock Price Up 3.4% – Still a Buy?

OSR Holdings, Inc. (NASDAQ:OSRHGet Free Report)’s stock price rose 3.4% on Wednesday . The company traded as high as $0.4497 and last traded at $0.4207. Approximately 1,870,972 shares traded hands during trading, an increase of 2% from the average daily volume of 1,841,323 shares. The stock had previously closed at $0.4068.

Wall Street Analysts Forecast Growth

OSRH has been the subject of a number of recent research reports. Wall Street Zen raised shares of OSR from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 25th. Weiss Ratings restated a “sell (e+)” rating on shares of OSR in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Get Our Latest Report on OSR

OSR Stock Down 6.7%

The firm’s 50-day simple moving average is $0.54 and its 200 day simple moving average is $0.56.

OSR (NASDAQ:OSRHGet Free Report) last posted its earnings results on Wednesday, May 13th. The company reported ($0.09) EPS for the quarter. OSR had a negative return on equity of 7.24% and a negative net margin of 363.26%.The firm had revenue of $0.48 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in OSR stock. Susquehanna International Group LLP bought a new position in OSR Holdings, Inc. (NASDAQ:OSRHFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 79,807 shares of the company’s stock, valued at approximately $43,000. Susquehanna International Group LLP owned about 0.37% of OSR at the end of the most recent quarter. Hedge funds and other institutional investors own 55.30% of the company’s stock.

About OSR

(Get Free Report)

OSR Holdings leverages its international network of partners in the US, Europe, and South Korea to market and license its pipeline of proprietary platform technologies for broad application to efficient clinical trial programs, with the ultimate goal of addressing unmet medical needs. We partner with biotherapeutics companies with innovative and proprietary drug R&D “platform technologies” versus “assets only” companies, whose commercial viability is heavily dependent on positive results for individual treatment modalities in extremely rigorous and time consuming clinical trials.

Further Reading

Receive News & Ratings for OSR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSR and related companies with MarketBeat.com's FREE daily email newsletter.