On Friday, Venus Concept Inc (NASDAQ: VERO) was 4.88% up from the session before settling in for the closing price of $0.41. A 52-week range for VERO has been $0.33 – $2.27.
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A company in the Healthcare sector has dropped its sales by -3.08% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 1.24%. With a float of $4.13 million, this company’s outstanding shares have now reached $5.53 million.
In an organization with 304 employees, it is important to assess its efficiency. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Venus Concept Inc stocks. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -1.64 earnings per share (EPS) during the time that was less than consensus figure (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
You can see what Venus Concept Inc (VERO) is doing with its current performance indicators. In the most recent 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 0.05.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 7.83 million. That was better than the volume of 1.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.76%. Additionally, its Average True Range was 0.09.
During the past 100 days, Venus Concept Inc’s (VERO) raw stochastic average was set at 11.89%, which indicates a significant decrease from 31.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 178.74% in the past 14 days, which was higher than the 160.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5287, while its 200-day Moving Average is $0.7258. However, in the short run, Venus Concept Inc’s stock first resistance to watch stands at $0.4533. Second resistance stands at $0.4767. The third major resistance level sits at $0.5183. If the price goes on to break the first support level at $0.3883, it is likely to go to the next support level at $0.3467. Assuming the price breaks the second support level, the third support level stands at $0.3233.
Venus Concept Inc (NASDAQ: VERO) Key Stats
There are 7,255K outstanding shares of the company, which has a market capitalization of 3.27 million. As of now, sales total 76,350 K while income totals -37,250 K. Its latest quarter income was 16,580 K while its last quarter net income were -19,950 K.
