Viveve Medical (NASDAQ:VIVE) issued its quarterly earnings results on Thursday. The company reported ($13.51) earnings per share for the quarter, beating analysts’ consensus estimates of ($16.00) by $2.49, Fidelity Earnings reports. Viveve Medical had a negative return on equity of 2,976.15% and a negative net margin of 341.01%.
NASDAQ VIVE traded down $0.52 on Friday, reaching $3.96. The stock had a trading volume of 244,500 shares, compared to its average volume of 221,374. The business has a 50 day moving average price of $4.73 and a 200 day moving average price of $1.47. Viveve Medical has a 1 year low of $3.13 and a 1 year high of $250.00. The company has a market capitalization of $7.18 million, a price-to-earnings ratio of -0.02 and a beta of 0.14.
A number of research analysts have commented on VIVE shares. Raymond James downgraded Viveve Medical from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. Mizuho downgraded Viveve Medical from a “buy” rating to an “underperform” rating and lowered their target price for the company from $4.00 to $0.20 in a research note on Tuesday, July 23rd. Maxim Group restated a “hold” rating on shares of Viveve Medical in a research note on Friday, August 9th. Stifel Nicolaus downgraded Viveve Medical from a “buy” rating to a “hold” rating and lowered their target price for the company from $3.00 to $1.00 in a research note on Monday, July 22nd. Finally, LADENBURG THALM/SH SH downgraded Viveve Medical from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $2.24.
About Viveve Medical
Viveve Medical, Inc designs, develops, manufactures, and markets medical devices for the non-invasive treatment of various post-partum conditions. The company offers Viveve System, a radio frequency generator, a reusable hand piece, and single-use treatment tip, as well as other consumable components.
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