Versus Systems Inc [VS] stock Downgrade by H.C. Wainwright analyst, price target now $2

Versus Systems Inc [NASDAQ: VS] surged by $2.8 during the normal trading session on while it closed the day at $3.95.

Versus Systems Inc stock has also gained 248.63% of its value over the past 7 days. However, VS stock has inclined by 145.34% in the 3 months of the year. Over the past six months meanwhile, it has gained 208.59% and gained 30.36% year-on date.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for VS stock reached $42.30 million, with 10.71 million shares outstanding and 6.54 million shares in the current float. Compared to the average trading volume of 230.55K shares, VS reached a trading volume of 109575313 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Versus Systems Inc [VS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VS shares is $1.99 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VS stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

H.C. Wainwright have made an estimate for Versus Systems Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 07, 2022.

The Average True Range (ATR) for Versus Systems Inc is set at 0.69, with the Price to Sales ratio for VS stock in the period of the last 12 months amounting to 384.59. The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.08.

VS stock trade performance evaluation

Versus Systems Inc [VS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 248.63. With this latest performance, VS shares gained by 186.23% in over the last four-week period, additionally plugging by 208.59% over the last 6 months – not to mention a rise of 21.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VS stock in for the last two-week period is set at 92.15, with the RSI for the last a single of trading hit 96.19, and the three-weeks RSI is set at 87.48 for Versus Systems Inc [VS]. The present Moving Average for the last 50 days of trading for this stock 1.3800, while it was recorded at 1.6800 for the last single week of trading, and 1.7100 for the last 200 days.

Versus Systems Inc [VS]: An insightful look at the core fundamentals

Versus Systems Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 55.56 and a Current Ratio set at 55.56.

Earnings per share (EPS) analysis for Versus Systems Inc [VS] stock

With the latest financial reports released by the company, Versus Systems Inc posted -2.88/share EPS, while the average EPS was predicted by analysts to be reported at -2.88/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VS.

Versus Systems Inc [VS]: Institutional Ownership

There are presently around $4.06%, or 6.65%% of VS stock, in the hands of institutional investors.

Most Popular