Shares of Viveve Medical Inc (NASDAQ:VIVE) have earned an average rating of “Buy” from the eight research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $10.00.
Several equities research analysts recently commented on the stock. Mizuho reiterated a “buy” rating and issued a $10.00 price objective on shares of Viveve Medical in a research report on Friday. Northland Securities assumed coverage on shares of Viveve Medical in a research report on Friday. They issued an “outperform” rating and a $8.00 price objective on the stock. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Viveve Medical in a research report on Thursday. Cowen set a $11.00 price objective on shares of Viveve Medical and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, ValuEngine lowered shares of Viveve Medical from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st.
Shares of Viveve Medical (NASDAQ:VIVE) traded down $0.01 during midday trading on Friday, hitting $4.96. 123,658 shares of the company’s stock traded hands, compared to its average volume of 134,600. The stock has a market cap of $96.36, a price-to-earnings ratio of -2.31 and a beta of -0.67. Viveve Medical has a 52 week low of $3.75 and a 52 week 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.
Several institutional investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC lifted its holdings in Viveve Medical by 33.2% in the 2nd quarter. HighTower Advisors LLC now owns 1,723,751 shares of the company’s stock valued at $12,379,000 after purchasing an additional 430,033 shares in the last quarter. RTW Investments LP lifted its holdings in Viveve Medical by 18.8% in the 3rd quarter. RTW Investments LP now owns 1,473,028 shares of the company’s stock valued at $7,719,000 after purchasing an additional 233,585 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Viveve Medical by 135.4% in the 2nd quarter. Vanguard Group Inc. now owns 450,142 shares of the company’s stock valued at $3,232,000 after purchasing an additional 258,912 shares in the last quarter. Manatuck Hill Partners LLC lifted its holdings in Viveve Medical by 128.6% in the 2nd quarter. Manatuck Hill Partners LLC now owns 400,000 shares of the company’s stock valued at $2,872,000 after purchasing an additional 225,000 shares in the last quarter. Finally, ING Groep NV lifted its holdings in Viveve Medical by 93.7% in the 3rd quarter. ING Groep NV now owns 325,000 shares of the company’s stock valued at $1,703,000 after purchasing an additional 157,200 shares in the last quarter. Institutional investors and hedge funds own 66.90% of the company’s stock.
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Viveve Medical Company Profile
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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