Vaso (OTCMKTS:VASO) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Vaso Corporation (OTCMKTS:VASO) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.13 and traded as high as $0.1725. Vaso shares last traded at $0.1725, with a volume of 17,078 shares trading hands.

Vaso Price Performance

The company’s 50 day simple moving average is $0.14 and its 200 day simple moving average is $0.13. The company has a market capitalization of $30.35 million, a PE ratio of 17.27 and a beta of 0.74.

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

About Vaso

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.