HC Wainwright Raises Versus Systems (NASDAQ:VS) Price Target to $3.00

Versus Systems (NASDAQ:VS) had its price objective upped by HC Wainwright from $1.50 to $3.00 in a research report report published on Tuesday, Benzinga reports. HC Wainwright currently has a neutral rating on the stock.

Versus Systems Price Performance

NASDAQ:VS opened at $2.64 on Tuesday. Versus Systems has a 1-year low of $1.00 and a 1-year high of $9.59. The firm has a fifty day simple moving average of $1.47 and a 200 day simple moving average of $1.50.

Versus Systems (NASDAQ:VS) last released its earnings results on Wednesday, August 14th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.50) by ($0.04). Versus Systems had a negative net margin of 8,703.52% and a negative return on equity of 255.40%. The firm had revenue of $0.03 million during the quarter, compared to the consensus estimate of $0.05 million. As a group, equities research analysts predict that Versus Systems will post -2.13 earnings per share for the current fiscal year.

About Versus Systems

Versus Systems Inc develops and operates a business-to-business software platform in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam (FFC) platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, which allows brands, media companies, and advertising agencies to reach out to customers directly on their mobile devices.