Venus Concept Stock Set to Reverse Split on Tuesday, March 4th (NASDAQ:VERO)

Shares of Venus Concept Inc. (NASDAQ:VERO) are set to reverse split on Tuesday, March 4th. The 1-11 reverse split was announced on Friday, February 14th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, March 3rd.

Venus Concept Stock Performance

Shares of Venus Concept stock traded up $0.00 during trading hours on Friday, hitting $0.29. 256,110 shares of the company’s stock traded hands, compared to its average volume of 644,936. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.86 and a quick ratio of 1.18. The stock has a market capitalization of $2.13 million, a price-to-earnings ratio of -0.04 and a beta of 0.51. Venus Concept has a 12-month low of $0.26 and a 12-month high of $1.59. The company has a fifty day simple moving average of $0.36 and a 200-day simple moving average of $0.43.

About Venus Concept

Venus Concept Inc, a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; Venus Versa Pro; and Venus Viva and Venus Viva MD, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin.