H.C. Wainwright analyst Scott Buck maintained a Buy rating on Versus Systems (VS – Research Report) today and set a price target of $3.50. The company’s shares closed last Friday at $1.27, close to its 52-week low of $1.00.
According to TipRanks.com, Buck is a 4-star analyst with an average return of 6.3% and a 36.9% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Intellicheck Mobilisia, and Lightpath Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Versus Systems with a $3.50 average price target.
Based on Versus Systems’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $304.7K and GAAP net loss of $573K. In comparison, last year the company earned revenue of $456.5K and had a GAAP net loss of $1.91 million.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Versus Systems Inc is a Canada based company. The company is engaged in the technology sector and is developing a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players. The product offerings of the company include Dashboard/Platform In-Game Experience and Versus Gear App.
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