Paradigm Capital Management Inc. NY Decreases Stock Position in Viemed Healthcare, Inc. (NASDAQ:VMD)

Paradigm Capital Management Inc. NY reduced its position in shares of Viemed Healthcare, Inc. (NASDAQ:VMD - Free Report) by 62.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 150,000 shares of the company's stock after selling 250,000 shares during the period. Paradigm Capital Management Inc. NY owned 0.39% of Viemed Healthcare worth $1,203,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Divisadero Street Capital Management LP boosted its stake in shares of Viemed Healthcare by 84.8% during the 4th quarter. Divisadero Street Capital Management LP now owns 646,273 shares of the company's stock valued at $5,183,000 after purchasing an additional 296,481 shares in the last quarter. Rice Hall James & Associates LLC bought a new position in shares of Viemed Healthcare in the 4th quarter worth approximately $2,083,000. First Eagle Investment Management LLC lifted its stake in shares of Viemed Healthcare by 196.5% in the 4th quarter. First Eagle Investment Management LLC now owns 328,824 shares of the company's stock valued at $2,637,000 after purchasing an additional 217,923 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Viemed Healthcare during the fourth quarter valued at approximately $1,549,000. Finally, Expect Equity LLC purchased a new stake in Viemed Healthcare in the fourth quarter worth $1,369,000. 74.24% of the stock is owned by institutional investors.

Viemed Healthcare Stock Down 1.5%

Viemed Healthcare stock traded down $0.10 on Friday, hitting $6.42. 139,804 shares of the stock traded hands, compared to its average volume of 140,826. The business's fifty day simple moving average is $6.89 and its 200 day simple moving average is $7.76. The firm has a market cap of $253.74 million, a P/E ratio of 23.78 and a beta of 1.49. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 0.03. Viemed Healthcare, Inc. has a 1 year low of $6.14 and a 1 year high of $9.81.

Viemed Healthcare (NASDAQ:VMD - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.06 earnings per share for the quarter, hitting analysts' consensus estimates of $0.06. The business had revenue of $59.10 million for the quarter, compared to analysts' expectations of $60.60 million. Viemed Healthcare had a net margin of 4.87% and a return on equity of 8.72%.

About Viemed Healthcare

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.