Versus Systems (NASDAQ:VS) Trading Down 0.8% – Should You Sell?

Versus Systems Inc. (NASDAQ:VS)’s stock price was down 0.8% during trading on Friday . The stock traded as low as $1.29 and last traded at $1.31. Approximately 33,500 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 66,642 shares. The stock had previously closed at $1.32.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Versus Systems in a research note on Monday, December 1st. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Versus Systems has a consensus rating of “Reduce” and an average target price of $2.00.

Versus Systems Stock Performance

The stock’s 50-day moving average is $1.80 and its 200 day moving average is $2.08. The stock has a market capitalization of $6.42 million, a PE ratio of -3.12 and a beta of 1.61.

Versus Systems (NASDAQ:VS) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.11) earnings per share for the quarter.

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.