VSee Health (NASDAQ:VSEE) Issues Earnings Results

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

VSee Health Stock Performance

Shares of NASDAQ:VSEE traded down $0.01 during mid-day trading on Wednesday, hitting $0.24. 114,768 shares of the company traded hands, compared to its average volume of 632,111. The firm’s 50 day simple moving average is $0.32 and its 200 day simple moving average is $0.51. VSee Health has a 52-week low of $0.19 and a 52-week high of $2.52.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of VSee Health in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of VSee Health to a “sell” rating in a research note on Saturday, December 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Trading of VSee Health

An institutional investor recently bought a new position in VSee Health stock. Virtu Financial LLC acquired a new stake in shares of VSee Health, Inc. (NASDAQ:VSEE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 66,489 shares of the company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 1.01% of the company’s stock.

About VSee Health

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.