Vaso (OTCMKTS:VASO) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Vaso Corporation (OTCMKTS:VASO)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.14 and traded as high as $0.18. Vaso shares last traded at $0.1766, with a volume of 47,229 shares.

Vaso Stock Performance

The company has a market cap of $31.07 million, a price-to-earnings ratio of 17.68 and a beta of 0.46. The company’s fifty day moving average is $0.17 and its two-hundred day moving average is $0.14.

Vaso (OTCMKTS:VASO) last released its quarterly earnings data on Friday, November 14th. The company reported $0.01 EPS for the quarter. The business had revenue of $22.66 million for the quarter. Vaso had a net margin of 2.91% and a return on equity of 9.49%.

Vaso Company Profile

Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. The company operates through three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed network technology services. This segment offers managed diagnostic imaging applications, managed network infrastructure, managed network transport, and managed network security services.