VSee Health (VSEE) to Release Quarterly Earnings on Wednesday

VSee Health (NASDAQ:VSEE) is anticipated to post its results before the market opens on Wednesday, February 25th. Analysts expect VSee Health to post earnings of ($0.08) per share and revenue of $4.40 million for the quarter.

VSee Health Trading Up 1.8%

NASDAQ VSEE opened at $0.35 on Friday. The business’s 50 day moving average is $0.40 and its two-hundred day moving average is $0.62. VSee Health has a 12-month low of $0.31 and a 12-month high of $2.52.

Institutional Trading of VSee Health

An institutional investor recently raised its position in VSee Health stock. Osaic Holdings Inc. increased its stake in shares of VSee Health, Inc. (NASDAQ:VSEE) by 197.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,170 shares of the company’s stock after purchasing an additional 29,985 shares during the period. Osaic Holdings Inc. owned 1.25% of VSee Health worth $52,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on VSEE shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of VSee Health in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of VSee Health to a “sell” rating in a research report on Saturday, December 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, VSee Health has an average rating of “Hold” and an average target price of $5.00.

About VSee Health

VSee Health is a telehealth technology company that develops secure, HIPAA-compliant software solutions for virtual care. The company’s flagship platform offers high-definition video visits, real-time messaging and collaboration tools designed to streamline remote consultations between patients and healthcare providers. VSee’s solutions are built to integrate with electronic health record systems and include features such as digital waiting rooms, screen sharing and file transfer capabilities.

In addition to video conferencing, VSee Health provides remote patient monitoring (RPM) tools that enable clinicians to collect biometric data, such as blood pressure, heart rate and glucose readings, from patients in their homes.