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

Venus Concept Inc. (NASDAQ:VERO) shares are set to reverse split before the market opens 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 closing bell on Monday, March 3rd.

Venus Concept Stock Performance

Shares of Venus Concept stock traded up $0.00 on Friday, reaching $0.29. 256,110 shares of the company were exchanged, compared to its average volume of 644,936. The company’s 50-day moving average is $0.36 and its two-hundred day moving average is $0.43. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.18 and a current ratio of 1.86. The firm has a market cap of $2.13 million, a price-to-earnings ratio of -0.04 and a beta of 0.51. Venus Concept has a 1-year low of $0.26 and a 1-year high of $1.59.

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.