Vsee Health (NASDAQ:VSEE) Coverage Initiated by Analysts at Maxim Group

Maxim Group assumed coverage on shares of Vsee Health (NASDAQ:VSEE) in a research report report published on Monday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $5.00 target price on the stock.

Vsee Health Trading Up 0.5 %

Shares of VSEE stock opened at $1.83 on Monday. The stock’s fifty day moving average price is $1.54 and its two-hundred day moving average price is $1.58. Vsee Health has a fifty-two week low of $1.12 and a fifty-two week high of $33.08. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.16.

Institutional Investors Weigh In On Vsee Health

A hedge fund recently raised its stake in Vsee Health stock. Geode Capital Management LLC lifted its position in shares of Vsee Health, Inc. (NASDAQ:VSEE) by 56.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,549 shares of the company’s stock after acquiring an additional 24,245 shares during the quarter. Geode Capital Management LLC owned approximately 1.87% of Vsee Health worth $92,000 at the end of the most recent reporting period. 1.01% of the stock is currently owned by institutional investors and hedge funds.

About Vsee Health

VSee Health, Inc is a no-code or low-code software as a service (SaaS) platform that enables clinicians and enterprises to create their telehealth workflows without programming. It engages in providing timely, quality healthcare to patients regardless of geographical barriers. The company is headquartered in Boca Raton, FL.