The stock of Venus Concept Inc (VERO) has seen a -36.79% decrease in the past week, with a -16.10% drop in the past month, and a -30.63% decrease in the past quarter. The volatility ratio for the week is 16.27%, and the volatility levels for the past 30 days are at 21.92% for VERO. The simple moving average for the past 20 days is -24.99% for VERO’s stock, with a -44.07% simple moving average for the past 200 days.
Is It Worth Investing in Venus Concept Inc (NASDAQ: VERO) Right Now?
The 36-month beta value for VERO is also noteworthy at 0.56. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for VERO is 3.41M, and at present, short sellers hold a 0.11% of that float. The average trading volume of VERO on October 07, 2024 was 1.08M shares.
VERO) stock’s latest price update
The stock of Venus Concept Inc (NASDAQ: VERO) has decreased by -10.24 when compared to last closing price of 0.50.Despite this, the company has seen a loss of -36.79% in its stock price over the last five trading days. globenewswire.com reported 2024-10-02 that TORONTO, Oct. 02, 2024 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced today that third quarter of fiscal year 2024 financial results will be released before the market opens on Wednesday, November 13, 2024.
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 -26.23% 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 -81.53% of loss for the given period.
Volatility was left at 21.92%, however, over the last 30 days, the volatility rate increased by 16.27%, as shares sank -16.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.38% lower at present.
During the last 5 trading sessions, VERO fell by -36.79%, which changed the moving average for the period of 200-days by -50.13% in comparison to the 20-day moving average, which settled at $0.5938. In addition, Venus Concept Inc saw -61.97% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VERO starting from Masters Michael Willingham, who sale 140,214 shares at the price of $0.60 back on Oct 01 ’24. After this action, Masters Michael Willingham now owns 19,203 shares of Venus Concept Inc, valued at $83,455 using the latest closing price.
Masters Michael Willingham, the 10% Owner of Venus Concept Inc, sale 94,553 shares at $0.53 during a trade that took place back on Oct 02 ’24, which means that Masters Michael Willingham is holding 17,059 shares at $50,160 based on the most recent closing price.
Stock Fundamentals for VERO
Current profitability levels for the company are sitting at:
- -0.4 for the present operating margin
- 0.68 for the gross margin
The net margin for Venus Concept Inc stands at -0.72. The total capital return value is set at -0.54.
Based on Venus Concept Inc (VERO), the company’s capital structure generated 0.93 points at debt to capital in total, while cash flow to debt ratio is standing at -0.19. The debt to equity ratio resting at 12.81. The interest coverage ratio of the stock is -3.24.
Currently, EBITDA for the company is -24.19 million with net debt to EBITDA at -1.87. When we switch over and look at the enterprise to sales, we see a ratio of 0.68. The receivables turnover for the company is 2.75for trailing twelve months and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
In summary, Venus Concept Inc (VERO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
