Venus Concept Inc (VERO) posted a -41.86% change over the last five days signaling a new trend

Venus Concept Inc (NASDAQ: VERO) kicked off on Tuesday, down -20.93% from the previous trading day, before settling in for the closing price of $0.43. Over the past 52 weeks, VERO has traded in a range of $0.40-$2.27.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Healthcare Sector giant saw their annual sales slid by -3.08% over the last five years. While this was happening, its average annual earnings per share was recorded 1.24%. With a float of $4.13 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) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Venus Concept Inc is 43.06%, 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) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -1.64 earnings per share (EPS), lower than consensus estimate (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

Take a look at Venus Concept Inc’s (VERO) current performance indicators. Last quarter, stock had a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04.

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 0.36 million was lower than the volume posted last year of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 6.62%. Additionally, its Average True Range was 0.08.

During the past 100 days, Venus Concept Inc’s (VERO) raw stochastic average was set at 0.68%, which indicates a significant decrease from 2.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 173.76% in the past 14 days, which was lower than the 179.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.5400, while its 200-day Moving Average is $0.7380. Now, the first resistance to watch is $0.4116. This is followed by the second major resistance level at $0.4831. The third major resistance level sits at $0.5232. If the price goes on to break the first support level at $0.3000, it is likely to go to the next support level at $0.2599. Now, if the price goes above the second support level, the third support stands at $0.1884.

Venus Concept Inc (NASDAQ: VERO) Key Stats

The company with the Market Capitalisation of 2.47 million has total of 7,255K Shares Outstanding. Its annual sales at the moment are 76,350 K in contrast with the sum of -37,250 K annual income. Company’s last quarter sales were recorded 16,580 K and last quarter income was -19,950 K.