Venus Concept Inc (NASDAQ:VERO) traded at $0.47 at last check on current trade day and made an upward move of 8.29% on its previous day’s price.
Looking at the stock we see that its previous close was $0.43 and the beta (5Y monthly) reads 0.637 with the day’s price range being $0.4101 – $0.5334. In terms of its 52-week price range, VERO has a high of $2.21 and a low of $0.28. The company’s stock has gained about 45.06% over that past 30 days.
Venus Concept Inc has a market cap of $3.76 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 17.21M, with a low of 17M and a high of 17.63M. The median projection represents growth adding up to -5.08% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 66.26M, or -13.23% down from figures reported last year.
On the other hand, looking at the outlook for the VERO stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Venus Concept Inc (VERO) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 32.76% off its SMA20 and 30.67% from its 50-day simple moving average. The RSI (14) is pointing at 73.43 while the volatility over the past week is 13.16% and jumps to 10.71% over the past one month. The beta value is 0.52, while the average true range (ATR) is currently pointing at 0.05.
Coming back to Venus Concept Inc (NASDAQ:VERO), we note that the average 3-month trading volume was 960.82K, while that of the preceding 10-day period stands at 0.33 million. Current shares outstanding are 7.26 million.
The insiders hold 43.06% of the company’s shares while institutions hold 3.71%. The data shows that short shares as of 2024-10-31, stood at 1.45 million at a short ratio of 0.69. This represents a 2886.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 0.81 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 24.83% up in year-to-date price movement.
