A Few Bright Spots In VSee Health Inc. (NASDAQ: VSEE)

VSee Health Inc. (NASDAQ:VSEE) currently has a daily average trading volume of 1.31M but it saw 585199 shares traded in last market. With a market cap of 21.01M USD, the company’s current market price of $1.43 came rising about 23.28 while comparing to the previous closing price of $1.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.08 and as low as $1.16. In the recent trading on the day, stock has struck highest price mark of $1.17 while lowest mark touched by it was $1.5.

Taking a look at 20-day trading activity of VSee Health Inc. (VSEE) gives us an average price of $1.8130, while its current price level is -95.68% below from 52-week high level whereas it is 23.28% 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 $4.1377 while that of 200 days or SMA-200 reads an average of $10.4485. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.30% during that period while stretching the period over a month that increases to 14.72%. 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 34.86 which implies that the stock is in neutral territory.

Over the week, VSEE’s stock price is moving -5.30% down while it is -60.06% when we observe its performance for the past one month. Year-to-date it is -88.28% down and over the past year, the stock is showing a downside performance of -86.51%.

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 0.00. Its return on asset (ROA) is -76.99% on average.