Are Venus Concept Inc (NASDAQ: VERO) Shares Ready For A Higher Price Run?

In the last trading session, 0.12 million shares of the Venus Concept Inc (NASDAQ:VERO) were traded, and its beta was 0.52. Most recently the company’s share price was $0.36, and it changed around -$0.01 or -1.97% from the last close, which brings the market valuation of the company to $2.63M. VERO currently trades at a discount to its 52-week high of $2.21, offering almost -513.89% off that amount. The share price’s 52-week low was $0.28, which indicates that the current value has risen by an impressive 22.22% since then. We note from Venus Concept Inc’s average daily trading volume that its 10-day average is 0.35 million shares, with the 3-month average coming to 977.78K.

Venus Concept Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended VERO as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

Venus Concept Inc (NASDAQ:VERO) trade information

Instantly VERO has showed a red trend with a performance of -1.97% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.4050 on recent trading dayincreased the stock’s daily price by 11.11%. The company’s shares are currently down -3.67% year-to-date, but still down -6.04% over the last five days. On the other hand, Venus Concept Inc (NASDAQ:VERO) is 10.01% up in the 30-day period. We can see from the shorts that 1.45 million shares have been sold at a short interest cover period of 0.69 day(s).

Venus Concept Inc (VERO) estimates and forecasts

Venus Concept Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -39.54 percent over the past six months and at a 0.58% annual growth rate that is well below the industry average of 15.00%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 60.49%.

VERO Dividends

Venus Concept Inc’s next quarterly earnings report is expected to be released in February.

Venus Concept Inc (NASDAQ:VERO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 6.08% of Venus Concept Inc shares, and 27.03% of them are in the hands of institutional investors. The stock currently has a share float of 28.78%.