$0.55 – $0.65: Is it good range for VIVUS Inc. (VVUS)

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VIVUS Inc. (NASDAQ:VVUS) changes shares on Thursday trading session, with a change of -16.38% or -$0.11 shares. The trading starts at $0.60 and closed at $0.68 throughout the day. The trading session low price was $0.55 and day high was $0.65 on Thursday, July 09. After the session, the Healthcare sector daily volume shifted to 3.4 million while its average volume is 864.04K. In other hand, the VVUS market cap reached to $10.43M.

On July 7, 2020, BRIEF-Vivus Completes Solicitation For In-Court Reorganization Plan To Become A Wholly Owned Subsidiary Of IEH Biopharma. According to the news reported on Reuters, * VIVUS COMPLETES SOLICITATION FOR IN-COURT REORGANIZATION PLAN TO BECOME A WHOLLY OWNED SUBSIDIARY OF IEH BIOPHARMA LLC

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -29.80% and down -55.58% for month. Its quarterly performance was -58.80% below, while its half year performance is down -79.84%. VVUS yearly performance stood at negative -84.29% and fall -79.10% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. VVUS EPS (TTM) for 12-month is -2.70. EPS for this year is 14.90%, while for the next year its value is -1.64. Its EPS Q/Q reached 34.50%. It has an EPS of 18.00% up for past five years and for the next five years will be up 0.80%.

Let’s take a look on the analyst recommendations on VVUS for the current month and previous month. For the current month, 0 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $1.75-$1.75. Average target price for VVUS was reached at $1.75.

The insider ownership moved to 7.09% and institutional holding shifted to 7.50%.

The company posted an EPS (TTM) of -2.70. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.55, while -0.56 EPS posted a year ago period. Analyst Estimated EPS for VVUS published in the report was -0.6–0.5 during the same period. Comparing with last year, the average estimated EPS was -0.56 which is lower than -0.49 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for VVUS fall -73.96% for period of 200 days. SMA for 50 days was -47.33% which is showing red signal, while SMA-20 was -40.24%. The moving average value for VIVUS Inc. (VVUS) is 1.6462 and 1.0279 for 200 and 50 days respectively.