Additionally, the 36-month beta value for VERO is 0.68. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VERO is 3.83M and currently, short sellers hold a 0.72% ratio of that float. The average trading volume of VERO on April 17, 2024 was 551.73K shares.
VERO) stock’s latest price update
Venus Concept Inc (NASDAQ: VERO)’s stock price has soared by 36.07 in relation to previous closing price of 0.61. Nevertheless, the company has seen a gain of 20.46% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-15 that TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced today that first quarter of fiscal year 2024 financial results will be released before the market opens on Wednesday, May 15, 2024.
VERO’s Market Performance
Venus Concept Inc (VERO) has experienced a 20.46% rise in stock performance for the past week, with a 18.66% rise in the past month, and a -28.45% drop in the past quarter. The volatility ratio for the week is 13.99%, and the volatility levels for the past 30 days are at 12.31% for VERO. The simple moving average for the past 20 days is 21.42% for VERO’s stock, with a -46.03% simple moving average for the past 200 days.
Analysts’ Opinion of VERO
Many brokerage firms have already submitted their reports for VERO stocks, with Stifel repeating the rating for VERO by listing it as a “Hold.” The predicted price for VERO in the upcoming period, according to Stifel is $2.50 based on the research report published on December 09, 2020 of the previous year 2020.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see VERO reach a price target of $6. The rating they have provided for VERO stocks is “Buy” according to the report published on October 20th, 2020.
BTIG Research gave a rating of “Buy” to VERO, setting the target price at $7 in the report published on July 06th of the previous year.
VERO Trading at -7.33% from the 50-Day Moving Average
After a stumble in the market that brought VERO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.34% of loss for the given period.
Volatility was left at 12.31%, however, over the last 30 days, the volatility rate increased by 13.99%, as shares surge +23.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.60% lower at present.
During the last 5 trading sessions, VERO rose by +20.46%, which changed the moving average for the period of 200-days by -58.50% in comparison to the 20-day moving average, which settled at $0.6915. In addition, Venus Concept Inc saw -29.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for VERO
Current profitability levels for the company are sitting at:
- -0.37 for the present operating margin
- 0.68 for the gross margin
The net margin for Venus Concept Inc stands at -0.49. The total capital return value is set at -0.45. Equity return is now at value -500.61, with -34.08 for asset returns.
Based on Venus Concept Inc (VERO), the company’s capital structure generated 1.22 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17. The debt to equity ratio resting at -5.45. The interest coverage ratio of the stock is -4.11.
Currently, EBITDA for the company is -24.18 million with net debt to EBITDA at -3.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 2.62for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.13.
Conclusion
In conclusion, Venus Concept Inc (VERO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
