NDAQ:VMD - Post Discussion
Post by
esifor on Sep 12, 2024 8:40am
Viemed Healthcare: Turning Bullish Once More On Growing Vent
https://seekingalpha.com/article/4720606-viemed-healthcare-stock-turning-bullish-growing-ventilator-patient-numbers
Summary
- Upgraded Viemed Healthcare to 'Buy' due to bullish technicals, strong Q2 earnings, and promising growth trends in ventilator and sleep businesses.
- Bullish MACD crossover and strong buying volume signal potential for sustained share price increase.
- Q2 revenue hit $55 million, with notable organic growth and successful sales force restructuring driving performance.
- Attractive valuation with sales and book multiples significantly below 5-year averages, indicating potential for earnings growth.
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