In yesterday’s Wall Street session, Venus Concept Inc (NASDAQ:VERO) shares traded at $0.91, up 8.14% from the previous session.
VERO stock price is now 29.80% away from the 50-day moving average and -27.74% away from the 200-day moving average. The market capitalization of the company currently stands at $5.78M.
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With the price target of $2.50, Stifel recently initiated with Hold rating for Venus Concept Inc (NASDAQ: VERO). On October 20, 2020, Ladenburg Thalmann recently initiated its ‘Buy’ rating on the stock quoting a target price of $6, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Masters Michael Willingham, 10% Owner sold 102,717 shares of the company’s stock on Jun 11 ’24. The stock was sold for $122,829 at an average price of $1.20. Upon completion of the transaction, the 10% Owner now directly owns 383,345 shares in the company, valued at $0.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 07 ’24, 10% Owner Masters Michael Willingham sold 387,231 shares of the business’s stock. A total of $467,039 was realized by selling the stock at an average price of $1.21. A total of 60.61% of the company’s stock is owned by insiders.
During the past 12 months, Venus Concept Inc has had a low of $0.46 and a high of $2.44. The fifty day moving average price for VERO is $0.70514 and a two-hundred day moving average price translates $1.252275 for the stock.
The latest earnings results from Venus Concept Inc (NASDAQ: VERO) was released for 2024-03-31. The net profit margin was -51.00% and return on equity was -500.61% for VERO. The company reported revenue of $17.48 million for the quarter, compared to $20.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.87 percent.
