On Tuesday, Venus Concept Inc (NASDAQ: VERO) opened higher 26.22% from the last session, before settling in for the closing price of $0.46. Price fluctuations for VERO have ranged from $0.40 to $2.43 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales slid by -3.08% over the last five years. Company’s average yearly earnings per share was noted 1.24% at the time writing. With a float of $3.41 million, this company’s outstanding shares have now reached $5.53 million.
The firm has a total of 304 workers. Let’s measure their productivity. In terms of profitability, gross margin is 68.39%, operating margin of -39.75%, and the pretax margin is -71.73%.
Venus Concept Inc (VERO) Insider Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Venus Concept Inc is 52.94%, while institutional ownership is 4.29%. The most recent insider transaction that took place on Oct 01 ’24, was worth 83,455. In this transaction 10% Owner of this company sold 140,214 shares at a rate of $0.60, taking the stock ownership to the 19,203 shares. Before that another transaction happened on Oct 02 ’24, when Company’s 10% Owner sold 94,553 for $0.53, making the entire transaction worth $50,160. This insider now owns 17,059 shares in total.
Venus Concept Inc (VERO) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -1.64 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -1.51) by -0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.24% per share during the next fiscal year.
Venus Concept Inc (NASDAQ: VERO) Trading Performance Indicators
Check out the current performance indicators for Venus Concept Inc (VERO). In the past quarter, the stock posted a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.38, a number that is poised to hit -1.13 in the next quarter and is forecasted to reach -2.04 in one year’s time.
Technical Analysis of Venus Concept Inc (VERO)
Analysing the last 5-days average volume posted by the [Venus Concept Inc, VERO], we can find that recorded value of 0.77 million was lower than the volume posted last year of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 67.66%. Additionally, its Average True Range was 0.08.
During the past 100 days, Venus Concept Inc’s (VERO) raw stochastic average was set at 15.53%, which indicates a significant decrease from 74.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.85% in the past 14 days, which was lower than the 177.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5557, while its 200-day Moving Average is $0.7629. Now, the first resistance to watch is $0.6640. This is followed by the second major resistance level at $0.7431. The third major resistance level sits at $0.8377. If the price goes on to break the first support level at $0.4903, it is likely to go to the next support level at $0.3957. Should the price break the second support level, the third support level stands at $0.3166.
Venus Concept Inc (NASDAQ: VERO) Key Stats
There are currently 6,355K shares outstanding in the company with a market cap of 4.25 million. Presently, the company’s annual sales total 76,350 K according to its annual income of -37,250 K. Last quarter, the company’s sales amounted to 16,580 K and its income totaled -19,950 K.
