A new trading day began on Monday, with Venus Concept Inc (NASDAQ: VERO) stock price up 13.47% from the previous day of trading, before settling in for the closing price of $1.93. VERO’s price has ranged from $1.85 to $14.50 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 38.15%. Meanwhile, its annual earnings per share averaged 75.21%. With a float of $1.63 million, this company’s outstanding shares have now reached $1.86 million.
Venus Concept Inc (VERO) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Venus Concept Inc is 12.17%, while institutional ownership is 0.22%. The most recent insider transaction that took place on Dec 03 ’24, was worth 13,194. In this transaction Director of this company sold 42,768 shares at a rate of $0.31, taking the stock ownership to the 0 shares.
Venus Concept Inc (VERO) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -13.29 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.26 per share during the current fiscal year.
Venus Concept Inc (NASDAQ: VERO) Trading Performance Indicators
Here are Venus Concept Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -50.78, a number that is poised to hit -3.61 in the next quarter
Technical Analysis of Venus Concept Inc (VERO)
Compared to the last year’s volume of 0.94 million, its volume of 6.76 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.79%.
During the past 100 days, Venus Concept Inc’s (VERO) raw stochastic average was set at 27.33%, which indicates a significant decrease from 28.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1800 in the past 14 days, which was higher than the 0.1600 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.2700, while its 200-day Moving Average is $2.6900. Nevertheless, the first resistance level for the watch stands at $2.7600 in the near term. At $3.3400, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.6500. If the price goes on to break the first support level at $1.8700, it is likely to go to the next support level at $1.5600. Now, if the price goes above the second support level, the third support stands at $0.9800.
Venus Concept Inc (NASDAQ: VERO) Key Stats
With a market capitalization of 4.07 million, the company has a total of 1,424K Shares Outstanding. Currently, annual sales are 64,830 K while annual income is -47,000 K. The company’s previous quarter sales were 15,690 K while its latest quarter income was -11,720 K.
