VS MEDIA (NASDAQ:VSME) Announces Quarterly Earnings Results

VS MEDIA (NASDAQ:VSME) posted its quarterly earnings data on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $2.13 million during the quarter.

VS MEDIA Stock Up 11.8%

VS MEDIA stock traded up $0.11 during trading on Friday, hitting $1.08. The company had a trading volume of 311,718 shares, compared to its average volume of 885,978. VS MEDIA has a 1-year low of $0.68 and a 1-year high of $64.20. The company’s 50 day simple moving average is $1.08 and its 200-day simple moving average is $4.63.

Analyst Ratings Changes

VSME has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of VS MEDIA in a report on Friday, March 27th. Wall Street Zen raised shares of VS MEDIA to a “sell” rating in a research note on Saturday, January 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About VS MEDIA

VS MEDIA Holdings Limited, an investment holding company, operates a network of digital creators who create and upload content to social media platforms, such as Facebook, YouTube, Instagram, and TikTok. The company was founded in 2013 and is based in Kwun Tong, Hong Kong.