HC Wainwright Raises Versus Systems (NASDAQ:VS) Price Target to $2.00

Versus Systems (NASDAQ:VS) had its price target upped by HC Wainwright from $1.50 to $2.00 in a research report report published on Wednesday, Benzinga reports. HC Wainwright currently has a neutral rating on the stock.

Versus Systems Price Performance

NASDAQ VS opened at $2.08 on Wednesday. Versus Systems has a 1 year low of $1.23 and a 1 year high of $20.80. The business’s 50-day moving average is $1.45 and its 200 day moving average is $1.93.

Versus Systems (NASDAQ:VS) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.49) by ($0.04). Versus Systems had a negative return on equity of 204.20% and a negative net margin of 7,480.35%. The company had revenue of $0.03 million during the quarter, compared to analysts’ expectations of $0.01 million. As a group, research analysts predict that Versus Systems will post -2.27 EPS for the current fiscal year.

About Versus Systems

Versus Systems Inc develops and operates a business-to-business software platform in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam (FFC) platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, which allows brands, media companies, and advertising agencies to reach out to customers directly on their mobile devices.