Versus Systems (NASDAQ:VS) Price Target Raised to $3.00 at HC Wainwright

Versus Systems (NASDAQ:VS) had its price target lifted by investment analysts at HC Wainwright from $1.50 to $3.00 in a report issued on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the stock. HC Wainwright’s price target would suggest a potential upside of 7.91% from the company’s current price.

Versus Systems Stock Down 8.3 %

Versus Systems stock opened at $2.78 on Tuesday. Versus Systems has a 52-week low of $1.00 and a 52-week high of $9.59. The firm’s fifty day moving average is $1.47 and its 200 day moving average is $1.50.

Versus Systems (NASDAQ:VS) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.04). Versus Systems had a negative return on equity of 255.40% and a negative net margin of 8,703.52%. The company had revenue of $0.03 million during the quarter, compared to the consensus estimate of $0.05 million. Equities research analysts expect that Versus Systems will post -2.13 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.