Vaso (OTCMKTS:VASO) Share Price Passes Above 200-Day Moving Average – What’s Next?

Vaso Corporation (OTCMKTS:VASO)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.14 and traded as high as $0.18. Vaso shares last traded at $0.18, with a volume of 42,492 shares traded.

Vaso Stock Up 2.0%

The company’s 50-day moving average price is $0.17 and its 200-day moving average price is $0.14. The firm has a market cap of $31.67 million, a price-to-earnings ratio of 18.02 and a beta of 0.46.

Vaso (OTCMKTS:VASO) last announced its earnings results on Friday, November 14th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $22.66 million for the quarter. Vaso had a net margin of 2.91% and a return on equity of 9.49%.

Vaso Company Profile

Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. The company operates through three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed network technology services. This segment offers managed diagnostic imaging applications, managed network infrastructure, managed network transport, and managed network security services.