Vaso (OTCMKTS:VASO) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Vaso Corporation (OTCMKTS:VASO) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.13 and traded as high as $0.1760. Vaso shares last traded at $0.17, with a volume of 208,165 shares.

Vaso Trading Down 4.4%

The company has a market capitalization of $29.91 million, a PE ratio of 17.02 and a beta of 0.46. The firm has a 50 day simple moving average of $0.16 and a two-hundred day simple moving average of $0.13.

Vaso (OTCMKTS:VASO) last released its earnings results on Friday, November 14th. The company reported $0.01 EPS for the quarter. Vaso had a net margin of 2.91% and a return on equity of 9.49%. The company had revenue of $22.66 million during the quarter.

Vaso Company Profile

Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. The company operates through three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed network technology services. This segment offers managed diagnostic imaging applications, managed network infrastructure, managed network transport, and managed network security services.