VSee Health (NASDAQ:VSEE) Shares Climb 8,945.2% – Still a Buy?

VSee Health, Inc. (NASDAQ:VSEE)’s share price traded up 8,945.2% during trading on Friday. The stock traded as high as $3.50 and last traded at $1.80. Approximately 3,011 shares changed hands during trading, a decline of 100% from the average daily volume of 3,644,416 shares. The stock had previously closed at $0.0199.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of VSee Health in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

VSee Health Price Performance

The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.12. The stock has a market cap of $8.21 million and a PE ratio of -4.22. The company’s 50 day moving average is $2.88 and its 200-day moving average is $10.58.

VSee Health Company Profile

VSee Health, Inc is a healthcare technology company that provides virtual care solutions for healthcare organizations, clinicians and patients. Its platform is designed to support telehealth visits, virtual specialty care, remote patient monitoring and coordination of clinical services.

The company combines telemedicine software with clinical workflows and care-delivery services. Its solutions can support secure video consultations, patient engagement, care-team communication and the delivery of specialized medical services across distributed healthcare settings.

VSee Health serves healthcare providers and other organizations seeking to expand access to care through digital and remote-care programs.