In yesterday’s Wall Street session, Venus Concept Inc (NASDAQ:VERO) shares traded at $0.86, up 71.14% from the previous session.
VERO stock price is now 44.20% away from the 50-day moving average and 2.45% away from the 200-day moving average. The market capitalization of the company currently stands at $6.24M.
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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 387,231 shares of the company’s stock on Jun 07 ’24. The stock was sold for $467,039 at an average price of $1.21. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’24, 10% Owner Masters Michael Willingham sold 102,717 shares of the business’s stock. A total of $122,829 was realized by selling the stock at an average price of $1.20. This leaves the insider owning 383,345 shares of the company worth $0.33 million. A total of 49.84% of the company’s stock is owned by insiders.
During the past 12 months, Venus Concept Inc has had a low of $0.42 and a high of $2.44. As of last week, the company has a debt-to-equity ratio of 13.52, a current ratio of 1.99, and a quick ratio of 1.14. The fifty day moving average price for VERO is $0.6014 and a two-hundred day moving average price translates $0.83453 for the stock.
The latest earnings results from Venus Concept Inc (NASDAQ: VERO) was released for 2024-06-30. The net profit margin was -71.52% and return on equity was -500.61% for VERO. The company reported revenue of $16.58 million for the quarter, compared to $20.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.4 percent.
