Venus Concept (NASDAQ:VERO) Stock Price Up 12.5% – Should You Buy?

Venus Concept Inc. (NASDAQ:VERO)’s stock price was up 12.5% during mid-day trading on Thursday . The company traded as high as $0.48 and last traded at $0.45. Approximately 29,806 shares were traded during trading, a decline of 100% from the average daily volume of 8,347,505 shares. The stock had previously closed at $0.40.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Venus Concept in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Venus Concept Stock Up 12.5%

The company has a quick ratio of 0.59, a current ratio of 0.90 and a debt-to-equity ratio of 1.59. The company has a fifty day simple moving average of $1.40 and a 200-day simple moving average of $1.88. The firm has a market cap of $640,800.00, a P/E ratio of -0.01 and a beta of 0.05.

Venus Concept Company Profile

Venus Concept Ltd. (NASDAQ: VERO) is a Canada-based medical aesthetic device company that designs, develops and commercializes minimally and noninvasive solutions for face and body rejuvenation. The company’s core product portfolio leverages proprietary technologies such as multi-polar radio frequency, pulsed electromagnetic fields and intense pulsed light to offer treatments for skin tightening, body contouring, wrinkle reduction and vascular lesion removal.

Among its flagship offerings are the Venus Legacy platform, which combines radio frequency and electromagnetic pulses for cellulite reduction and circumferential reduction, and the Venus Versa system, a multi-application device for facial revitalization, acne treatment, hair removal and photorejuvenation.