If you’re on the hunt for stocks to watch today, Viveve Medical, Inc. (NASDAQ:VIVE) is a stock to give close attention to. The company shares are trading 5.45% or 0.05 points up from last closing price of $0.92, reaching $0.9701 at last check. The VIVE share price has risen in 2 of the last 5 days and is down -75.79% over the past week. It will be exciting to see whether the stock manages to continue increasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 179,445 shares, and in total 580345 shares valued at $562993 were seen changing hands compared with 400900 shares valued at $368828 recorded at the previous session. You should take into consideration that a greater volume on higher prices causes bullish signal for the market. It shows the sentiment is in an uptrend and more and more traders want to enter in the VIVE stock.
Viveve Medical, Inc. (VIVE) shares have notched a 3-month decline of about -75.79%, but has still tumbled -26.98% year to date. By comparison, the stock sank -99.26% over the past 12 months, while it jumped 9.8% over the 1 month. The company’s market cap is around $3.79M, with its short interest ratio standing at 0.2%.
In the current trading session for VIVE, the stock witnessed two major price actions, it rose to a high of $0.999 and was down as much as $0.911 at one point. The high recorded is very low when compared to their 52-week high which is $0.79. The 52-week high is now at -99.27 distance from current price. Their recent low of $132 represents a 21.58% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for VIVE is $4, this is below the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Viveve Medical, Inc. earned $-94.02 per share in the trailing 12 months and has a P/E ratio of -0.01. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 44.16 and lower compared to the sector’s average of 34.29. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. VIVE also has P/S multiple of 0.42. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 1.18x.
VIVE‘s last price was down -95.89% as compared to the average trading price of 50 days recorded at $23.6 while enlarging the period to 200 trading days, the average closing price was $1.7. At present, there are 4.12 million in the total number of common shares owned by the public and among those 4.01 million shares have been available to trade. The percentage of shares being held by the company management was 0.32% while institutions stake was 18.3%. The company has generated positive returns on equity over the last 12 months (585.8%). It managed to keep its gross profit margin at 29.2% over the past 12 months.
When assessing the full upside of the VIVE stock, there is another set of technicals that should be looked into and considered. Its 2.55% gain from moving average of $0.95 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 0.26 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of Viveve Medical, Inc. — 1 analysts rate the stock as a buy with another 0 rating it strong buy. There are 4 analysts who maintain a hold rating for the stock, with 1 giving it a sell rating. Analysts arrived at a 12-month price target of $2.05 on shares of Viveve Medical, Inc. (NASDAQ:VIVE), which corresponds to 113.54% upside potential than its current market price of $0.9701 and implies potential despite the recent advance in the price. However, their current target price has fallen from $2.05 a month ago and is down handily from the consensus target of $2.24 a quarter ago.
In the last five years, the EPS of the company has been roughly 0%. Though the percentage looks disappointing, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 20%. The revenue of the company has risen at an average annualized rate of about 161.3 over the last five years. The company recently recorded a drop of -77.1%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards VIVE stock. FNY Investment Advisers LLC changed position in the company and now owns 16,136 shares worth $15,654, SEC documents show. Vanguard Group Inc. cut assets in the stock as 1829765 shares have been sold, reducing its stake by -25.2% to 1,368,664 shares which are currently valued at $1,327,741. In addition, BlackRock Inc. recently reported that it now owns 654,427 shares making a total of $634,860 based on the recent price. This refelects a change of -11.9% in their ownership.