Venus Concept Inc (VERO) average volume reaches $1.70M: Is Wall Street expecting a rally?

On Friday, Venus Concept Inc (NASDAQ: VERO) was 12.15% up from the session before settling in for the closing price of $0.29. A 52-week range for VERO has been $0.28 – $2.21.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -3.08%. When this article was written, the company’s average yearly earnings per share was at 0.24%. With a float of $4.13 million, this company’s outstanding shares have now reached $5.53 million.

Considering the fact that the conglomerate employs 304 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 73.22%, operating margin of -45.32%, and the pretax margin is -80.71%.

Venus Concept Inc (VERO) Insider Activity

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 3.71%. 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

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -1.96 earnings per share (EPS) during the time that was less than consensus figure (set at -0.87) by -1.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.24% 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 1.01. 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 -8.02, a number that is poised to hit -0.91 in the next quarter and is forecasted to reach -2.29 in one year’s time.

Technical Analysis of Venus Concept Inc (VERO)

Compared to the last year’s volume of 1.1 million, its volume of 1.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.37%. Additionally, its Average True Range was 0.06.

During the past 100 days, Venus Concept Inc’s (VERO) raw stochastic average was set at 5.96%, which indicates a significant decrease from 29.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.19% in the past 14 days, which was lower than the 157.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4712, while its 200-day Moving Average is $0.6598. Nevertheless, the first resistance level for the watch stands at $0.3397 in the near term. At $0.3543, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3817. If the price goes on to break the first support level at $0.2977, it is likely to go to the next support level at $0.2703. Should the price break the second support level, the third support level stands at $0.2557.

Venus Concept Inc (NASDAQ: VERO) Key Stats

There are 7,255K outstanding shares of the company, which has a market capitalization of 2.65 million. As of now, sales total 76,350 K while income totals -37,250 K. Its latest quarter income was 15,010 K while its last quarter net income were -9,290 K.