VirtualScopics (VSCP) Flagged As Strong On High Volume

Trade-Ideas LLC identified VirtualScopics ( VSCP) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified VirtualScopics as such a stock due to the following factors:

  • VSCP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $6.7 million.
  • VSCP has traded 1.3 million shares today.
  • VSCP is trading at 1036.01 times the normal volume for the stock at this time of day.
  • VSCP is trading at a new high 19.11% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in VSCP with the Ticky from Trade-Ideas. See the FREE profile for VSCP NOW at Trade-Ideas

More details on VSCP:

VirtualScopics, Inc. provides imaging solutions to the pharmaceutical, biotechnology, and medical device industries. Currently there is 1 analyst that rates VirtualScopics a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for VirtualScopics has been 6,900 shares per day over the past 30 days. VirtualScopics has a market cap of $5.4 million and is part of the health care sector and health services industry. The stock has a beta of 1.92 and a short float of 0.1% with 0.00 days to cover. Shares are up 41.9% year-to-date as of the close of trading on Friday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates VirtualScopics as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

Highlights from the ratings report include:
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Life Sciences Tools & Services industry and the overall market, VIRTUALSCOPICS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for VIRTUALSCOPICS INC is currently lower than what is desirable, coming in at 33.41%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -18.11% is significantly below that of the industry average.
  • VSCP's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 56.00%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • VIRTUALSCOPICS INC has improved earnings per share by 23.1% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, VIRTUALSCOPICS INC reported poor results of -$1.20 versus -$1.02 in the prior year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Life Sciences Tools & Services industry. The net income increased by 25.3% when compared to the same quarter one year prior, rising from -$0.73 million to -$0.55 million.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

More from Markets

This Under the Radar Stock Picker Tells Jim Cramer He Is Bullish on Citigroup

This Under the Radar Stock Picker Tells Jim Cramer He Is Bullish on Citigroup

Stocks Push to Session Highs During Fed Chair's Congressional Testimony

Stocks Push to Session Highs During Fed Chair's Congressional Testimony

The U.S. Economy is 'Stronger Than Most People Realize': LIVE BLOG

The U.S. Economy is 'Stronger Than Most People Realize': LIVE BLOG

Morgan Stanley Profit Surges 38% on Trading Revenue, Tax Cuts

Morgan Stanley Profit Surges 38% on Trading Revenue, Tax Cuts

Microsoft and Walmart Should Merge to Pulverize Amazon: Rewind

Microsoft and Walmart Should Merge to Pulverize Amazon: Rewind