VSee Health (NASDAQ:VSEE) Announces Quarterly Earnings Results

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

VSee Health Stock Down 5.2%

Shares of VSEE stock opened at $0.24 on Thursday. The stock has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.51. VSee Health has a fifty-two week low of $0.19 and a fifty-two week high of $2.52.

Institutional Investors Weigh In On VSee Health

An institutional investor recently bought a new position in VSee Health stock. Virtu Financial LLC acquired a new position in VSee Health, Inc. (NASDAQ:VSEE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 66,489 shares of the company’s stock, valued at approximately $25,000. 1.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

VSee Health Company Profile

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.