VIVUS (NASDAQ:VVUS) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a report issued on Friday.

Shares of VIVUS (NASDAQ VVUS) traded down $0.01 during trading on Friday, hitting $0.63. 390,008 shares of the stock traded hands, compared to its average volume of 718,693. VIVUS has a fifty-two week low of $0.61 and a fifty-two week high of $1.47. The company has a debt-to-equity ratio of 643.86, a quick ratio of 7.09 and a current ratio of 7.47. The firm has a market cap of $67.22, a PE ratio of 1.88 and a beta of 0.82.

VIVUS (NASDAQ:VVUS) last issued its earnings results on Tuesday, November 7th. The biopharmaceutical company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.07. VIVUS had a net margin of 26.71% and a return on equity of 344.23%. The business had revenue of $15.19 million during the quarter, compared to analysts’ expectations of $16.00 million. During the same quarter in the prior year, the business posted ($0.09) EPS. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. analysts expect that VIVUS will post -0.32 earnings per share for the current year.

Several institutional investors have recently modified their holdings of the company. OxFORD Asset Management LLP boosted its holdings in shares of VIVUS by 14.0% in the 3rd quarter. OxFORD Asset Management LLP now owns 1,059,382 shares of the biopharmaceutical company’s stock valued at $1,040,000 after buying an additional 129,871 shares in the last quarter. Macquarie Group Ltd. acquired a new position in shares of VIVUS in the 3rd quarter valued at $192,000. Russell Investments Group Ltd. boosted its holdings in shares of VIVUS by 166.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 395,527 shares of the biopharmaceutical company’s stock valued at $392,000 after buying an additional 246,927 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in shares of VIVUS by 653.3% in the 2nd quarter. IHT Wealth Management LLC now owns 1,130 shares of the biopharmaceutical company’s stock valued at $1,100,000 after buying an additional 980 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of VIVUS by 16.8% in the 2nd quarter. Northern Trust Corp now owns 275,097 shares of the biopharmaceutical company’s stock valued at $335,000 after buying an additional 39,473 shares in the last quarter. Institutional investors and hedge funds own 31.35% of the company’s stock.

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About VIVUS

VIVUS, Inc is a biopharmaceutical company. The Company operates in the development and commercialization of therapeutic products segment. It provides over two therapies approved by the Food and Drug Association (FDA), which include Qsymia (phentermine and topiramate extended-release) for chronic weight management and STENDRA (avanafil) for erectile dysfunction (ED).

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