Maxim Group Begins Coverage on Vsee Health (NASDAQ:VSEE)

Maxim Group initiated coverage on shares of Vsee Health (NASDAQ:VSEE) in a research report released 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 4.1 %

VSEE opened at $1.51 on Monday. Vsee Health has a fifty-two week low of $1.12 and a fifty-two week high of $33.08. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.37 and a current ratio of 0.37. The firm’s fifty day moving average is $1.56 and its 200 day moving average is $1.56.

Institutional Trading of Vsee Health

A hedge fund recently raised its stake in Vsee Health stock. Geode Capital Management LLC boosted its holdings in Vsee Health, Inc. (NASDAQ:VSEE) by 56.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,549 shares of the company’s stock after purchasing an additional 24,245 shares during the quarter. Geode Capital Management LLC owned approximately 1.87% of Vsee Health worth $92,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 1.01% of the company’s stock.

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.