Vaso (OTCMKTS:VASO) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Vaso Corporation (OTCMKTS:VASO) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.14 and traded as high as $0.1740. Vaso shares last traded at $0.1740, with a volume of 125,541 shares trading hands.

Vaso Trading Up 2.4%

The stock’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.14. The company has a market capitalization of $30.62 million, a P/E ratio of 17.42 and a beta of 0.46.

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

About Vaso

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.