While this happened, Stifel initiated its Venus Concept Inc [VERO] rating to a Hold in a research note published on December 09, 2020; the price target was $2.50. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. BTIG Research began covering VERO with “Buy” recommendation on July 06, 2020. Oppenheimer revised its rating on March 31, 2020. It rated VERO as “a Perform” which previously was an “an Outperform”.
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Price Performance Review of VERO
On Tuesday, Venus Concept Inc [NASDAQ:VERO] saw its stock fall -7.56% to $1.10. Over the last five days, the stock has gained 117.74%. Venus Concept Inc shares have fallen nearly -6.78% since the year began. Nevertheless, the stocks have fallen -47.62% over the past one year. While a 52-week high of $2.55 was reached on 02/22/24, a 52-week low of $0.46 was recorded on 06/05/24. SMA at 50 days reached $0.6854, while 200 days put it at $1.2772. A total of 1.41 million shares were traded, compared to the trading of 69.55 million shares in the previous session.
Levels Of Support And Resistance For VERO Stock
The 24-hour chart illustrates a support level at 0.9733, which if violated will result in even more drops to 0.8467. On the upside, there is a resistance level at 1.2833. A further resistance level may holdings at 1.4667. The Relative Strength Index (RSI) on the 14-day chart is 71.83, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.4173, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.37%. Stochastics %K at 54.27% indicates the stock is a holding.
The most recent change occurred on January 10, 2020 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating.
