Vaso (OTCMKTS:VASO) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Vaso Corporation (OTCMKTS:VASO)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.14 and traded as high as $0.1920. Vaso shares last traded at $0.1860, with a volume of 166,857 shares traded.

Vaso Trading Up 0.5%

The company has a 50-day moving average of $0.17 and a 200-day moving average of $0.14. The company has a market capitalization of $32.73 million, a price-to-earnings ratio of 18.62 and a beta of 0.46.

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