Vision Sciences, Inc (VSCI)

[livingston78]

Fundamental Analysis:

Vision-Sciences, Inc. has great fundamentals for a penny stock under $1. The company has a cash balance of $1.24 million, a current assets/current liabilities ratio of 3.4, and a tiny market capitalization of $22.6 million. Like most sub $1 stocks, the company has been losing money on a yearly basis, but the company saw a $7.7 million loss in 2014 compared to greater than $10 million losses in each of the 5 year periods. Insiders also own 39% of the company so there is confidence from bigger players.

Technical Analysis:

Technically, VSCI has been on a major slide for the past couple of months, and has lost more than half of its value during this period. The stock has been under accumulation, and we saw a huge volume surge today with relatively normal price action. In fact, volume was 8X the daily average. Something could be brewing with this one!!