VS MEDIA (NASDAQ:VSME) Shares Down 1.5% – Should You Sell?

VS MEDIA Holdings Limited (NASDAQ:VSME)’s share price fell 1.5% during trading on Friday . The stock traded as low as $1.17 and last traded at $1.28. 33,373 shares were traded during trading, a decline of 74% from the average session volume of 126,328 shares. The stock had previously closed at $1.30.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of VS MEDIA in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

VS MEDIA Trading Down 1.5%

The business has a 50-day simple moving average of $1.52 and a 200-day simple moving average of $1.32.

VS MEDIA (NASDAQ:VSME) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.20 EPS for the quarter. The company had revenue of $2.13 million for the quarter.

VS MEDIA Company Profile

VS MEDIA Holdings Limited, an investment holding company, operates a network of digital creators who create and upload content to social media platforms, such as Facebook, YouTube, Instagram, and TikTok. The company was founded in 2013 and is based in Kwun Tong, Hong Kong.