An Analysis Of Versus Systems Inc. (VS)’s Weekly Performance

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As of Friday close, Versus Systems Inc.’s (NASDAQ:VS) stock was down -$0.08, moving down -2.67 percent to $2.92. The average number of shares traded per day over the past five days has been 1,761,063 shares. 2 times new highs have been achieved over the past 5 days, with a $0.11 gain in that time frame. In the last twenty days, the average volume was 456,133, while in the previous 50 days, it was 249,031.

Since last month, VS stock retreated -16.81%. Shares of the company fell to $1.87 on 11/09/22, the lowest level in the past month. A 52-week high of $56.25 was reached on 02/07/22 after having rallying from a 52-week low of $1.87. Since the beginning of this year, VS’s stock price has dropped by -90.73% or -$28.58, and marked a new high 2 times. However, the stock has declined by -94.81% since its 52-week high.


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Valuation Metrics

The stock’s beta is 1.44. Besides these, the trailing price-to-sales (P/S) ratio of 50.31, the price-to-book (PB) ratio of 2.92.

Financial Health

In the three months ended June 29, Versus Systems Inc.’s quick ratio stood at 0.90, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.03, and the total debt-to-equity ratio was 0.14. Based on annual data, VS earned $15.01 million in gross profit and brought in $0.77 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -60.20%. Return on equity (ROE) for the past 12 months was -33.70%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VS’s revenue rose 100.0% during the quarter, while net income inched up to $0.77 million. While analysts expected Versus Systems Inc. to report -$1.93 quarterly earnings, the actual figure was -$1.84 per share, beating the consensus estimate by 4.70%. During the quarter, the company generated -$2.77 million in EBITDA. The liabilities of Versus Systems Inc. were 3.56 million at the end of its most recent quarter ended June 29, and its total debt was $2.97 million.

Technical Picture

This quick technical analysis looks at Versus Systems Inc.’s (VS) price momentum. With a historical volatility rate of 280.89%, the RSI 9-day stood at 49.88% on 11 November.

With respect to its five-day moving average, the current Versus Systems Inc. price is up by +4.04% percent or $0.11. At present, VS shares trade -27.87% below its 20-day simple moving average and -58.95% percent below its 100-day simple moving average. However, the stock is currently trading approximately -50.85% below its SMA50 and -90.55% below its SMA200.

Stochastic coefficient K was 42.99% and Stochastic coefficient D was 35.29%, while ATR was 0.74. Given the Stochastic reading of 45.06% for the 14-day period, the RSI (14) reading has been calculated as 47.74%. As of today, the MACD Oscillator reading stands at -0.11, while the 14-day reading stands at -0.18.

Analyst Ratings

Versus Systems Inc. (VS) has been rated Buy by analysts. According to 0 brokerage firms, VS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Versus Systems Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $1.94, the current consensus forecast for the stock is $1.94 – $1.94. Based on these forecasts, analysts predict Versus Systems Inc. (VS) will achieve an average price target of $1.94.

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