Cove Street Capital LLC Has $1.29 Million Stock Position in Viemed Healthcare, Inc. (NASDAQ:VMD)

Cove Street Capital LLC decreased its holdings in shares of Viemed Healthcare, Inc. (NASDAQ:VMD - Free Report) by 54.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 160,261 shares of the company's stock after selling 188,906 shares during the quarter. Viemed Healthcare makes up about 1.5% of Cove Street Capital LLC's holdings, making the stock its 27th biggest position. Cove Street Capital LLC owned approximately 0.41% of Viemed Healthcare worth $1,285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. National Bank of Canada FI boosted its holdings in Viemed Healthcare by 91.2% in the third quarter. National Bank of Canada FI now owns 3,346 shares of the company's stock worth $25,000 after purchasing an additional 1,596 shares in the last quarter. R Squared Ltd acquired a new position in shares of Viemed Healthcare during the 4th quarter valued at about $41,000. PDT Partners LLC bought a new position in shares of Viemed Healthcare in the 3rd quarter valued at approximately $78,000. Walleye Capital LLC acquired a new stake in Viemed Healthcare in the 3rd quarter worth approximately $87,000. Finally, EntryPoint Capital LLC bought a new stake in Viemed Healthcare during the fourth quarter worth approximately $92,000. Institutional investors own 74.24% of the company's stock.

Viemed Healthcare Stock Performance

VMD stock traded down $0.14 during midday trading on Tuesday, hitting $7.14. 49,468 shares of the company traded hands, compared to its average volume of 135,679. The business has a 50 day simple moving average of $7.80 and a 200-day simple moving average of $8.19. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 0.03. Viemed Healthcare, Inc. has a twelve month low of $6.21 and a twelve month high of $9.81. The stock has a market capitalization of $282.19 million, a price-to-earnings ratio of 26.44 and a beta of 1.50.

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Viemed Healthcare Profile

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.