VS MEDIA Holdings Limited (VSME) Shares Rise Despite Market Challenges

VS MEDIA Holdings Limited (NASDAQ: VSME) has experienced a rise in its stock price by 4.27 compared to its previous closing price of 0.42. However, the company has seen a gain of 1.99% in its stock price over the last five trading days. PennyStocks reported 2023-10-04 that Penny stocks, defined as stocks trading under $5 per share, are known for their volatility and potential for significant returns. However, the low price of these stocks also makes them susceptible to dramatic price swings based on company-specific and industry news events.

Is It Worth Investing in VS MEDIA Holdings Limited (NASDAQ: VSME) Right Now?

The public float for VSME is 10.29M and currently, short sellers hold a 1.58% of that float. On April 26, 2024, VSME’s average trading volume was 815.92K shares.

VSME’s Market Performance

VSME’s stock has seen a 1.99% increase for the week, with a 19.24% rise in the past month and a -9.65% fall in the past quarter. The volatility ratio for the week is 22.59%, and the volatility levels for the past 30 days are at 15.20% for VS MEDIA Holdings Limited The simple moving average for the last 20 days is 10.85% for VSME’s stock, with a simple moving average of -39.63% for the last 200 days.

VSME Trading at 4.12% from the 50-Day Moving Average

After a stumble in the market that brought VSME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.91% of loss for the given period.

Volatility was left at 15.20%, however, over the last 30 days, the volatility rate increased by 22.59%, as shares surge +16.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.

During the last 5 trading sessions, VSME rose by +1.99%, in comparison to the 20-day moving average, which settled at $0.4000. In addition, VS MEDIA Holdings Limited saw 16.40% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for VSME

Current profitability levels for the company are sitting at:

  • -0.18 for the present operating margin
  • 0.25 for the gross margin

The net margin for VS MEDIA Holdings Limited stands at 0.39. The total capital return value is set at -0.72.

Based on VS MEDIA Holdings Limited (VSME), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.57. The debt to equity ratio resting at 2.22. The interest coverage ratio of the stock is -7.95.

Currently, EBITDA for the company is -1.51 million with net debt to EBITDA at -1.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.38. The receivables turnover for the company is 1.4for trailing twelve months and the total asset turnover is 1.19.

Conclusion

To wrap up, the performance of VS MEDIA Holdings Limited (VSME) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

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