Viveve Medical (NASDAQ:VIVE) was downgraded by ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Friday.

A number of other equities research analysts have also recently weighed in on the stock. Mizuho assumed coverage on shares of Viveve Medical in a research report on Thursday, November 16th. They set a “buy” rating and a $10.00 price target for the company. Cowen set a $11.00 price target on shares of Viveve Medical and gave the company a “buy” rating in a research report on Monday, October 23rd. Finally, Maxim Group reissued a “buy” rating and issued a $11.00 price objective on shares of Viveve Medical in a research note on Friday, August 11th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Viveve Medical has an average rating of “Buy” and an average target price of $10.40.

Shares of Viveve Medical (VIVE) traded up $0.09 on Friday, hitting $5.10. 156,741 shares of the company’s stock were exchanged, compared to its average volume of 183,584. Viveve Medical has a 1-year low of $3.75 and a 1-year high of $11.16. The company has a quick ratio of 3.63, a current ratio of 3.89 and a debt-to-equity ratio of 2.72.

Viveve Medical (NASDAQ:VIVE) last announced its quarterly earnings results on Wednesday, November 8th. The company reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.08). Viveve Medical had a negative net margin of 257.58% and a negative return on equity of 275.77%. The company had revenue of $4.07 million for the quarter, compared to analyst estimates of $4.10 million. During the same quarter in the prior year, the business earned ($0.46) earnings per share. Viveve Medical’s revenue was up 120.1% on a year-over-year basis. equities research analysts predict that Viveve Medical will post -2.04 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Neuberger Berman Group LLC purchased a new position in Viveve Medical in the third quarter worth approximately $419,000. Granahan Investment Management Inc. MA lifted its stake in Viveve Medical by 32.6% in the third quarter. Granahan Investment Management Inc. MA now owns 102,147 shares of the company’s stock worth $535,000 after acquiring an additional 25,097 shares during the last quarter. RTW Investments LP lifted its stake in Viveve Medical by 18.8% in the third quarter. RTW Investments LP now owns 1,473,028 shares of the company’s stock worth $7,719,000 after acquiring an additional 233,585 shares during the last quarter. ING Groep NV lifted its stake in Viveve Medical by 93.7% in the third quarter. ING Groep NV now owns 325,000 shares of the company’s stock worth $1,703,000 after acquiring an additional 157,200 shares during the last quarter. Finally, California State Teachers Retirement System purchased a new position in Viveve Medical in the second quarter worth approximately $190,000. 67.02% of the stock is owned by institutional investors and hedge funds.

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About Viveve Medical

Viveve Medical, Inc designs, develops, manufactures and markets a medical device, Geneveve, for the non-invasive treatment of vaginal laxity, for improved sexual function, and for vaginal rejuvenation. The Company’s, Geneveve, is a non-invasive solution for vaginal laxity, which includes three components: the Viveve System (a radio frequency (RF), generator housed in a table-top console), a reusable handpiece and a single-use treatment tip, as well as several other consumable accessories.

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Analyst Recommendations for Viveve Medical (NASDAQ:VIVE)

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