VSee Health (NASDAQ:VSEE) Releases Quarterly Earnings Results

VSee Health (NASDAQ:VSEE) issued its quarterly earnings data on Tuesday. The company reported ($0.31) earnings per share for the quarter, Zacks reports. The company had revenue of $3.93 million for the quarter.

VSee Health Price Performance

VSEE traded down $0.01 during trading on Wednesday, hitting $0.24. The company’s stock had a trading volume of 116,725 shares, compared to its average volume of 632,144. VSee Health has a twelve month low of $0.19 and a twelve month high of $2.52. The stock’s fifty day moving average price is $0.32 and its 200-day moving average price is $0.51.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VSee Health stock. Virtu Financial LLC acquired a new stake in shares of VSee Health, Inc. (NASDAQ:VSEE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 66,489 shares of the company’s stock, valued at approximately $25,000. 1.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on VSEE. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of VSee Health in a report on Wednesday, January 21st. Wall Street Zen upgraded VSee Health to a “sell” rating in a report on Saturday, December 6th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

VSee Health Company Profile

VSee Health is a telehealth technology company that develops secure, HIPAA-compliant software solutions for virtual care. The company’s flagship platform offers high-definition video visits, real-time messaging and collaboration tools designed to streamline remote consultations between patients and healthcare providers. VSee’s solutions are built to integrate with electronic health record systems and include features such as digital waiting rooms, screen sharing and file transfer capabilities.

In addition to video conferencing, VSee Health provides remote patient monitoring (RPM) tools that enable clinicians to collect biometric data, such as blood pressure, heart rate and glucose readings, from patients in their homes.