The stock of Verisante Technology Inc (CVE:VRS) is a huge mover today! The stock decreased 14.29% or $0.005 on October 3, hitting $0.03. About 20,000 shares traded hands or 3.54% up from the average. Verisante Technology Inc (CVE:VRS) has risen 6.00% since September 4, 2016 and is uptrending. It has underperformed by 6.22% the S&P500.
The move comes after 9 months positive chart setup for the $3.35M company. It was reported on Oct, 4 by Barchart.com. We have $0.08 PT which if reached, will make CVE:VRS worth $5.86M more.
Analysts await Verisante Technology Inc (CVE:VRS) to report earnings on November, 21. VRS’s profit will be $79.28M for 0.01 P/E if the $0.71 EPS becomes a reality. After $-0.17 actual earnings per share reported by Verisante Technology Inc for the previous quarter, Wall Street now forecasts -517.65% EPS growth.
According to Zacks Investment Research, “Verso Corporation is engaged in the paper industry. The Company produces coated freesheet, coated ground wood and uncoated super calendered papers and pulp. It serves to magazine and catalog publishers, commercial printers, specialty retail merchandisers and paper merchants. The company operates primarily in Kentucky, Maine, Maryland, Michigan, Minnesota and Wisconsin. Verso Corporation is based in Memphis, United States.”
More notable recent Verisante Technology Inc (CVE:VRS) news were published by: Midasletter.com which released: “Why Verisante Technologies May Be a Target for Johnson and Johnson, Covidien” on July 07, 2014, also Seekingalpha.com with their article: “Verisante Technology: The Future Of Cancer Detection” published on November 21, 2011, Business.Financialpost.com published: “Secrets of selling medical devices” on August 23, 2011. More interesting news about Verisante Technology Inc (CVE:VRS) were released by: Medgadget.com and their article: “Global North American Dermatology Diagnostic Devices Market 2016: Dermatoscope …” published on September 29, 2016 as well as Midasletter.com‘s news article titled: “Midas Letter’s Top 10 Canadian Emerging Technology Stocks” with publication date: April 29, 2014.
VRS Company Profile
Verso Corporation, incorporated on June 6, 2006, is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Firm operates through two divisions: paper and pulp. The paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising. The pulp segment includes pulp products, which are used to manufacture printing, writing, and specialty paper grades and tissue products. The Firm produces a range of products, ranging from coated freesheet and coated groundwood to inkjet and digital paper, supercalendered papers and uncoated freesheet. It also produces and sells market kraft pulp, which is used to manufacture printing and writing paper grades, and tissue products.
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