Reassessing The Changing Outlook For VIVUS Inc. (NASDAQ: VVUS)

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    Sabby Capital LLC recently announced the acquisition of new stake in VIVUS Inc. (NASDAQ:VVUS). This fresh investment now brings its stake to 9.97% valued currently at $1.46 million. In addition, Simplex Trading LLC raised its holdings by 34273.0 to 40570.0 shares. And RBC Capital Markets LLC (Investme. has lifted its position by 0.73% or 200.0 shares – to 27421.0 shares.

    With over 0.0 VIVUS Inc. (VVUS) shares trading Monday and a closing price of $0.47 on the day, the dollar volume was approximately $0.0. The shares have shown a negative weekly performance of -17.96% and its price on 07/20/20 lost nearly 0.00%. Currently, there are 17.87M common shares owned by the public and among those 14.82M shares have been available to trade.

    The top 3 mutual fund holders in VIVUS Inc. are Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and Fidelity Extended Market Index Fu. Vanguard Total Stock Market Index owns 0.27 million shares of the company’s stock, all valued at over $0.22 million. Fidelity Extended Market Index Fu now owns shares totaling to 0.29% of the shares outstanding.

    However, the script later closed the day at $0.47, down 0.00%. The company’s stock has a 5-day price change of -17.96% and -66.20% over the past three months. VVUS shares are trading -82.85% year to date (YTD), with the 12-month market performance down to -86.28% lower. It has a 12-month low price of $0.44 and touched a high of $4.75 over the same period. Currently, 0.0 shares have been traded, compared to an average intraday trading volume of 1.13 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -38.61%, -53.34%, and -77.60% respectively.

    Institutional ownership of VIVUS Inc. (NASDAQ: VVUS) shares accounts for 19.07% of the company’s 17.87M shares outstanding. Mutual fund holders own 14.58%, while other institutional holders and individual stakeholders account for 2.90% and 1.63% respectively.

    It has a market capitalization of $8.34M. The earnings-per-share (ttm) stands at -$2.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 20.73% over the week and 12.23% over the month.

    Analysts forecast that VIVUS Inc. (VVUS) will achieve an EPS of -$0.55 for the current quarter, -$0.46 for the next quarter and -$1.63 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.6 while analysts give the company a high EPS estimate of -$0.5. Comparatively, EPS for the current quarter was -$0.56 a year ago. Earnings per share for the fiscal year are expected to increase by 34.80%, and 15.50% over the next financial year. EPS should grow at an annualized rate of 0.80% over the next five years, compared to -38.00% over the past 5-year period.

    Looking at the support for the VVUS, a number of firms have released research notes about the stock. WallachBeth stated their Hold rating for the stock in a research note on May 04, 2016, with the firm’s price target at. WallachBeth coverage for the VIVUS Inc. (VVUS) stock in a research note released on November 05, 2015 offered a Buy rating with a price target of $2.80. RBC Capital Mkts was of a view on July 31, 2015 that the stock is Outperform, while RBC Capital Mkts gave the stock Outperform rating on January 23, 2015, issuing a price target of $6. WallachBeth on their part issued Hold rating on February 25, 2014.

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