VSee Health (VSEE) Projected to Post Quarterly Earnings on Wednesday

VSee Health (NASDAQ:VSEE) is expected to be issuing its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $4.40 million for the quarter.

VSee Health Price Performance

Shares of NASDAQ VSEE opened at $0.35 on Friday. The stock’s 50-day simple moving average is $0.40 and its 200-day simple moving average is $0.62. VSee Health has a fifty-two week low of $0.31 and a fifty-two week high of $2.52.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of VSee Health in a research report on Wednesday, January 21st. Wall Street Zen raised shares of VSee Health to a “sell” rating in a research report on Saturday, December 6th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $5.00.

Hedge Funds Weigh In On VSee Health

A hedge fund recently raised its stake in VSee Health stock. Osaic Holdings Inc. grew its position in shares of VSee Health, Inc. (NASDAQ:VSEE) by 197.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,170 shares of the company’s stock after buying an additional 29,985 shares during the quarter. Osaic Holdings Inc. owned 1.25% of VSee Health worth $52,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 1.01% of the company’s stock.

About VSee Health

VSee Health is a telehealth technology company that develops secure, HIPAA-compliant software solutions for virtual care. The company’s flagship platform offers high-definition video visits, real-time messaging and collaboration tools designed to streamline remote consultations between patients and healthcare providers. VSee’s solutions are built to integrate with electronic health record systems and include features such as digital waiting rooms, screen sharing and file transfer capabilities.

In addition to video conferencing, VSee Health provides remote patient monitoring (RPM) tools that enable clinicians to collect biometric data, such as blood pressure, heart rate and glucose readings, from patients in their homes.