Venus Concept (VERO) Expected to Announce Earnings on Tuesday

Venus Concept (NASDAQ:VERO) is expected to release its results before the market opens on Tuesday, March 31st. Analysts expect Venus Concept to post earnings of ($3.93) per share and revenue of $15.0070 million for the quarter.

Venus Concept Stock Down 13.3%

Shares of NASDAQ VERO traded down $0.05 during mid-day trading on Wednesday, reaching $0.30. 33,365 shares of the company traded hands, compared to its average volume of 6,301,072. The company’s fifty day moving average is $1.09 and its two-hundred day moving average is $1.70. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.59 and a current ratio of 0.90. Venus Concept has a fifty-two week low of $0.25 and a fifty-two week high of $14.50. The stock has a market cap of $428,624.00, a PE ratio of -0.01 and a beta of 0.06.

Wall Street Analyst Weigh In

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

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.