At the time of writing, Versus Systems Inc [VS] stock is trading at $2.07, up 2.99%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VS shares have gain 2.48% over the last week, with a monthly amount drifted -19.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Versus Systems Inc [NASDAQ: VS] stock has seen the most recent analyst activity on December 07, 2022, when H.C. Wainwright downgraded its rating to a Neutral but kept the price target unchanged to $2 for it.
For the past year, the stock price of Versus Systems Inc fluctuated between $1.00 and $9.59. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Versus Systems Inc [NASDAQ: VS] shares were valued at $2.07 at the most recent close of the market. An investor can expect a potential return of 44.93% based on the average VS price forecast.
Analyzing the VS fundamentals
According to Versus Systems Inc [NASDAQ:VS], the company’s sales were 0.09M for trailing twelve months, which represents an -83.23% plunge. Gross Profit Margin for this corporation currently stands at -5.62% with Operating Profit Margin at -55.09%, Pretax Profit Margin comes in at -98.61%, and Net Profit Margin reading is -92.55%. To continue investigating profitability, this company’s Return on Assets is posted at -6.81, Equity is -1.01 and Total Capital is -4.06.
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 1.86 points at the first support level, and at 1.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.42, and for the 2nd resistance point, it is at 2.77.
Ratios To Look Out For
It is important to note that Versus Systems Inc [NASDAQ:VS] has a current ratio of 46.13. Further, the Quick Ratio stands at 46.13, while the Cash Ratio is 404.85. Considering the valuation of this stock, the price to sales ratio is 63.16, the price to book ratio is 0.58.
