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Good morning Traders,
With the close on January 10, Lift-Off confirms a LONG trading signal on the U.S. stock Vericel Corp (Ticker: VCEL) listed on NASDAQ and part of the RUSSELL 2000 Index (RUT).
The stock closed at US$27.73 per share, marking a +16.46 percent.
Below the chart of Vericel Corp - VCEL - with the signal detected by Lift-Off
The company is active in the "Electronic Technology" industry specifically in the "Electronic Equipment/Instruments Industry"
Vericel Corporation is a U.S. company that focuses on the development and commercialization of regenerative medicine products. The company has two main commercial products: MACI, an artificial cartilage product used to treat joint cartilage damage, and Epicel, a keratinocyte product used to treat extensive burns. Vericel was founded in 1991 and is based in Cambridge, Massachusetts. The company is listed on the NASDAQ stock exchange.
Next earnings announcement for Q4 2022:March 8, 2023
Q3 2022 Results
EPS: Reported -0.14/ Expected -0.10/ Previous -0.19
Earnings: Reported 38.55M/ Forecasted 39.91M/ previous 37.05M
Financial Overview: Current market capitalization of VCEL amounts to 1.126B USD. Vericel Corporation's next earnings release date is March 8. The estimate is 0.04 USD.
Accounts, including revenue, expenses, profit and loss:VCEL's total revenue for the latest quarter is 38.55M USD, up 4.06% from the previous quarter. Net income in Q3 22 is -6.58M USD.
Overview data and accounts source: Tradingview.com
Signal Schedule for Jan. 11, 2023
LONG - Vericel Corp - VCEL
Entry Price: USD 27.73 (and any opening price avoid too large GAPs)
Beware of keeping risk low as this is a small-cap company, this makes it highly volatile.
Please note that the signal chosen was identified from those detected by the Lift-Off indicator, which you can view in the "Signals" section of our website. However, we will NOT provide any guidance on how to handle the trade.
We recommend that you handle the trades as shown during our professional courses on using the platform, available at the following link: https://it.largetrader.com/eventi