With 14.69M Outstanding Shares, Can VSee Health Inc. (NASDAQ: VSEE) Deliver Big Short-Term Gains?

VSee Health Inc. (NASDAQ:VSEE) currently has a daily average trading volume of 124.16K but it saw 1492459 shares traded in last market. With a market cap of 35.70M USD, the company’s current market price of $2.43 came rising about 3.40 while comparing to the previous closing price of $2.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.08 and as low as $2.25.

Taking a look at 20-day trading activity of VSee Health Inc. (VSEE) gives us an average price of $4.93, while its current price level is -92.65% below from 52-week high level whereas it is 8.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.15 while that of 200 days or SMA-200 reads an average of $11.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.83% during that period while stretching the period over a month that decreases to 23.47%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.26 which implies that the stock is in oversold territory.

Over the week, VSEE’s stock price is moving -8.99% down while it is -76.86% when we observe its performance for the past one month. Year-to-date it is -80.08% down and over the past year, the stock is showing a downside performance of -76.11%.

Currently, VSee Health Inc.’s total number of outstanding shares is 14.69M. Company’s return on equity (ROE) at -5.06%. Stock’s beta reads 0.02. Its return on asset (ROA) is -76.99% on average.