Shares of Viveve Medical Inc (NASDAQ:VIVE) gapped down prior to trading on Thursday . The stock had previously closed at $3.94, but opened at $3.83. Viveve Medical shares last traded at $3.75, with a volume of 2835904 shares changing hands.

VIVE has been the topic of a number of research analyst reports. Mizuho initiated coverage on Viveve Medical in a research report on Thursday, November 16th. They issued a “buy” rating and a $10.00 target price on the stock. Cowen set a $11.00 target price on Viveve Medical and gave the company a “buy” rating in a research report on Monday, October 23rd. Ladenburg Thalmann Financial Services reissued a “buy” rating on shares of Viveve Medical in a research report on Thursday, January 4th. ValuEngine raised Viveve Medical from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Northland Securities initiated coverage on Viveve Medical in a research report on Friday, January 5th. They issued an “outperform” rating and a $8.00 target price on the stock. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Viveve Medical has a consensus rating of “Buy” and a consensus price target of $10.00.

The stock has a market cap of $101.66, a P/E ratio of -2.06 and a beta of -0.79. The company has a quick ratio of 3.63, a current ratio of 3.89 and a debt-to-equity ratio of 2.72.

Viveve Medical (NASDAQ:VIVE) last posted its quarterly earnings results on Wednesday, November 8th. The company reported ($0.50) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.42) by ($0.08). The business had revenue of $4.07 million during the quarter, compared to analyst estimates of $4.10 million. Viveve Medical had a negative return on equity of 275.77% and a negative net margin of 257.58%. The business’s revenue was up 120.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.46) EPS. analysts anticipate that Viveve Medical Inc will post -2.05 earnings per share for the current year.

Several large investors have recently bought and sold shares of the business. Wells Fargo & Company MN grew its stake in shares of Viveve Medical by 135.1% in the fourth quarter. Wells Fargo & Company MN now owns 37,727 shares of the company’s stock worth $188,000 after acquiring an additional 21,683 shares in the last quarter. ING Groep NV grew its stake in shares of Viveve Medical by 7.7% in the fourth quarter. ING Groep NV now owns 350,000 shares of the company’s stock worth $1,740,000 after acquiring an additional 25,000 shares in the last quarter. Neuberger Berman Group LLC acquired a new position in shares of Viveve Medical in the third quarter worth $419,000. Granahan Investment Management Inc. MA grew its stake in shares of Viveve Medical by 32.6% in the third quarter. Granahan Investment Management Inc. MA now owns 102,147 shares of the company’s stock worth $535,000 after acquiring an additional 25,097 shares in the last quarter. Finally, RTW Investments LP grew its stake in shares of Viveve Medical by 18.8% in the third quarter. RTW Investments LP now owns 1,473,028 shares of the company’s stock worth $7,719,000 after acquiring an additional 233,585 shares in the last quarter. Institutional investors and hedge funds own 66.89% of the company’s stock.

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Viveve Medical Company Profile

Viveve Medical, Inc designs, develops, manufactures and markets a medical device, Geneveve, for the non-invasive treatment of vaginal laxity, for improved sexual function, and for vaginal rejuvenation. The Company’s, Geneveve, is a non-invasive solution for vaginal laxity, which includes three components: the Viveve System (a radio frequency (RF), generator housed in a table-top console), a reusable handpiece and a single-use treatment tip, as well as several other consumable accessories.

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