Venus Concept (NASDAQ:VERO) Shares Up 1.6% – What’s Next?

Venus Concept Inc. (NASDAQ:VERO) was up 1.6% during trading on Friday . The company traded as high as $0.42 and last traded at $0.39. Approximately 165,537 shares traded hands during trading, a decline of 64% from the average daily volume of 465,373 shares. The stock had previously closed at $0.38.

Venus Concept Stock Performance

The stock’s 50 day simple moving average is $0.35 and its two-hundred day simple moving average is $0.50. The company has a market capitalization of $2.80 million, a P/E ratio of -0.05 and a beta of 0.47. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.86 and a quick ratio of 1.18.

Institutional Investors Weigh In On Venus Concept

A hedge fund recently raised its stake in Venus Concept stock. Masters Capital Management LLC grew its stake in Venus Concept Inc. (NASDAQ:VERO) by 100.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 666,702 shares of the company’s stock after acquiring an additional 333,366 shares during the quarter. Masters Capital Management LLC owned 10.49% of Venus Concept worth $522,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 87.41% of the company’s stock.

Venus Concept Company Profile

Venus Concept Inc, a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; Venus Versa Pro; and Venus Viva and Venus Viva MD, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin.