In last trading session, Versus Systems Inc. (NASDAQ:VS) saw 0.1 million shares changing hands with its beta currently measuring 1.44. Company’s recent per share price level of $2.20 trading at $0.05 or 2.33% at ring of the bell on the day assigns it a market valuation of $4.49M. That closing price of VS’s stock is at a discount of -1945.45% from its 52-week high price of $45.00 and is indicating a premium of 15.0% from its 52-week low price of $1.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.97 million shares which gives us an average trading volume of 224.40K if we extend that period to 3-months.
For Versus Systems Inc. (VS), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.13 in the current quarter.
Versus Systems Inc. (NASDAQ:VS) trade information
Upright in the green during last session for gaining 2.33%, in the last five days VS remained trading in the green while hitting it’s week-highest on Friday, 11/18/22 when the stock touched $2.20 price level, adding 16.35% to its value on the day. Versus Systems Inc.’s shares saw a change of -93.02% in year-to-date performance and have moved 5.77% in past 5-day. Versus Systems Inc. (NASDAQ:VS) showed a performance of -29.01% in past 30-days. Number of shares sold short was 0.44 million shares which calculate 0.22 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $1.94 to the stock, which implies a fall of -13.4% to its current value. Analysts have been projecting $1.94 as a low price target for the stock while placing it at a high target of $1.94. It follows that stock’s current price would jump 11.82% in reaching the projected high whereas dropping to the targeted low would mean a gain of 11.82% for stock’s current value.
Versus Systems Inc. (VS) estimates and forecasts
Statistics highlight that Versus Systems Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -68.82% of value to its shares in past 6 months, showing an annual growth rate of 48.48% while that of industry is 5.20. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -333.30% in the current quarter and calculating -100.00% decrease in the next quarter. This year revenue growth is estimated to rise 151.00% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $570k for the same. And 1 analysts are in estimates of company making revenue of $710k in the next quarter that will end on Dec 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.00% during past 5 years.
Versus Systems Inc. is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Versus Systems Inc. (NASDAQ:VS)’s Major holders
Insiders are in possession of 12.77% of company’s total shares while institution are holding 14.87 percent of that, with stock having share float percentage of 17.04%. Investors also watch the number of corporate investors in a company very closely, which is 14.87% institutions for Versus Systems Inc. that are currently holding shares of the company. Wasatch Advisors Inc is the top institutional holder at VS for having 1.71 million shares of worth $0.72 million. And as of Jun 29, 2022, it was holding 16.05% of the company’s outstanding shares.
The second largest institutional holder is Verition Fund Management, LLC, which was holding about 0.19 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 1.77% of outstanding shares, having a total worth of $79312.0.
On the other hand, Wasatch Microcap Fund and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 1.71 million shares of worth $0.72 million or 16.05% of the total outstanding shares. The later fund manager was in possession of 18105.0 shares on Jun 29, 2022, making its stake of worth around $7658.0 in the company or a holder of 0.17% of company’s stock.