Viveve Medical Inc (NASDAQ:VIVE) share price soared 8.95% or 0.59 points to reach at $7.18 during previous trading session. The stock’s price fluctuated within the range of $6.15 – $11.16 during previous trading session. A total of 3.10M shares exchanged hands, whereas the company’s average trading volume stands at 184.29K shares. Viveve Medical Inc (NASDAQ:VIVE) has a market capitalization of $136.05M and most recently 18.20K outstanding shares have been calculated.
In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.
Relative strength index (RSI-14) for Viveve Medical Inc (NASDAQ:VIVE) is at 73.17.
According to sentiments of 4 analysts the mean estimates of short term price target for the company’s stock is marked at $14.75. The most optimistic analyst sees the stock reaching $22.00 while the most conventional predicts the target price at $10.00.
The consensus means EPS for the current quarter is at -$0.51 derived from a total of 4 estimates. According to analysts minimum EPS for the current quarter is expected at -$0.55 and can go high up to -$0.45. However a year ago during same quarter Viveve Medical Inc (NASDAQ:VIVE) reported -$0.55 EPS.
For the upcoming quarter, initial predictions are anticipating that the company will post earnings of -$0.48 per share according to consensus of 4 analysts.
According to sentiments of 4 analysts the company is expected to report revenues of $2.6M for the current quarter. Bearish revenue estimates established at $2.31M while the bullish revenue forecast has been figured out at $2.8M.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.75 on the shares of Viveve Medical Inc (NASDAQ:VIVE). Out of rating recommendations 1 have given the stock a Buy while 3 recommend the stock as Outperform. 0 have given the stock a Hold rating, 0 as Underperform and 0 as Sell.
On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Viveve Medical Inc (NASDAQ:VIVE) distance from 20 day simple moving average is 23.85% whereas its distance from 50 day simple moving average is 41.87% along with 23.07% distance from 200 day simple moving average.
An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Viveve Medical Inc (NASDAQ:VIVE) shares were trading -31.62% below from the 52-week high mark of $10.50 and 91.47% above from the 52-week bottom of $3.75. The stock hit its 52-week high price on 04/17/17, and 52-week low price on 03/13/17.
When we have a peek on stock’s historical trends we come to know that, the stock has climbed 16.75% in the past one week and soared 68.94% during previous one month drive, the stock went up 44.76% during past quarter. In the last six months the stock’s performance soared 7.16% while yearly performance of the company advanced 1.99%. The company’s year to date (YTD) performance is at 39.42%.
While taking a glance at financials, we can look at a number of key indicators. Viveve Medical Inc (NASDAQ:VIVE) has a Return on Assets (ROA) of -123.00%. The company currently has a Return on Equity (ROE) of -549.00%. Average true range (ATR-14) of the company sets at 0.85, along with its weekly and monthly volatility of 22.74%, 14.13% respectively. Beta value of the stock stands at 0.35.