Venus Concept Inc (VERO) stock hits $0.58: Is it a good time to buy or wait for a dip?

A share price of Venus Concept Inc [VERO] is currently trading at $0.58, up 26.22%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VERO shares have gain 19.84% over the last week, with a monthly amount drifted -27.06%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Venus Concept Inc [NASDAQ: VERO] stock has seen the most recent analyst activity on December 09, 2020, when Stifel initiated its Hold rating and assigned the stock a price target of $2.50. Previously, Ladenburg Thalmann started tracking the stock with Buy rating on October 20, 2020, and set its price target to $6. On July 06, 2020, BTIG Research initiated with a Buy rating and assigned a price target of $7 on the stock. Oppenheimer downgraded its rating to a Perform. Oppenheimer initiated its recommendation with a Outperform. Maxim Group upgraded its rating to Buy for this stock on January 09, 2020, but kept the price target unchanged to $10.

Venus Concept Inc experienced fluctuations in its stock price throughout the past year between $0.40 and $2.43. Venus Concept Inc [NASDAQ: VERO] shares were valued at $0.58 at the most recent close of the market.

Analyzing the VERO fundamentals

Trailing Twelve Months sales for Venus Concept Inc [NASDAQ:VERO] were 69.81M which represents -17.40% decline. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.4%, Pretax Profit Margin comes in at -0.72%, and Net Profit Margin reading is -0.72%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is 4.44 and Total Capital is -0.54. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of12.81.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4903 points at the first support level, and at 0.3957 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6640, and for the 2nd resistance point, it is at 0.7431.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Venus Concept Inc [NASDAQ:VERO] is 1.99. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.06, the price to book ratio is 1.15.

Transactions by insiders

Recent insider trading involved Masters Michael Willingham, 10% Owner, that happened on Oct 01 ’24 when 0.14 million shares were sold. 10% Owner, Masters Michael Willingham completed a deal on Oct 02 ’24 to sell 94553.0 shares. Meanwhile, 10% Owner Masters Michael Willingham sold 71368.0 shares on Sep 30 ’24.

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