VIQ Solutions (NASDAQ:VQS – Get Rating) had its price target decreased by HC Wainwright from $4.00 to $2.00 in a report released on Thursday, The Fly reports. HC Wainwright currently has a buy rating on the stock.
VIQ Solutions Price Performance
Shares of VQS opened at $0.67 on Thursday. VIQ Solutions has a 1 year low of $0.64 and a 1 year high of $3.50. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $22.38 million, a price-to-earnings ratio of -1.48 and a beta of -0.26. The business has a 50-day moving average of $0.92 and a 200-day moving average of $1.25.
Get VIQ Solutions alerts:VIQ Solutions (NASDAQ:VQS – Get Rating) last issued its quarterly earnings data on Wednesday, August 10th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.11). VIQ Solutions had a negative return on equity of 65.24% and a negative net margin of 32.94%. The company had revenue of $12.35 million during the quarter, compared to the consensus estimate of $12.08 million. As a group, equities research analysts anticipate that VIQ Solutions will post -0.28 earnings per share for the current year.
Hedge Funds Weigh In On VIQ Solutions
An institutional investor recently bought a new position in VIQ Solutions stock. Leo Brokerage LLC bought a new position in VIQ Solutions Inc. (NASDAQ:VQS – Get Rating) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 100,244 shares of the company's stock, valued at approximately $163,000. Leo Brokerage LLC owned approximately 0.34% of VIQ Solutions as of its most recent filing with the Securities and Exchange Commission (SEC). 11.29% of the stock is currently owned by hedge funds and other institutional investors.VIQ Solutions Company Profile
(Get Rating)
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates through two segments, Technology and Related Revenue, and Technology Services.
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