Vaso (OTCMKTS:VASO) Issues Quarterly Earnings Results

Vaso (OTCMKTS:VASO) announced its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $27.02 million during the quarter. Vaso had a return on equity of 9.49% and a net margin of 2.91%.

Vaso Stock Performance

VASO stock traded down $0.01 during midday trading on Wednesday, reaching $0.16. 61,570 shares of the company were exchanged, compared to its average volume of 121,989. The company has a market cap of $28.98 million, a price-to-earnings ratio of 16.49 and a beta of 0.45. Vaso has a 1-year low of $0.11 and a 1-year high of $0.21. The stock’s 50-day simple moving average is $0.18 and its 200 day simple moving average is $0.15.

Vaso Company Profile

Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. The company operates through three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed network technology services. This segment offers managed diagnostic imaging applications, managed network infrastructure, managed network transport, and managed network security services.