Vocera Communications, Inc. (VCRA) provides secure, integrated, and intelligent communication solutions enabling mobile workers in healthcare and other mission-critical environments.
It also offers an enterprise-class communication platform that enables hands-free voice communication, secure text messaging, real-time patient and staff rounding, and integrations with approximately 70 clinical systems, including electronic health records, nurse call systems, and physiological monitors.
The company, through its research collaborative, the Experience Innovation Network, which is a membership-based program, enables thought leadership and new standards in care to elevate patient, family, nurse, and physician experiences.
In addition, Vocera Communications, Inc. offers advisory services, process improvement plans, curriculum and implementation tools, professional services, and technical support services, as well as educational services. It sells its products through direct sales force, resellers, and distributors.
Shares bounced from their 50-day moving average last week following the company's earnings report. They are now in the process of forming a bullish "flag" from which higher share prices are expected. The company earned 8 cents a share vs. a 4-cent loss the same quarter a year ago. Revenue rose 28% to $33.8 million. This is a low volume stock, if you decide to take a position be sure to use a Limit Order.
52-Weeks Trading Range: $10.46 - $20.00
Entry Point: $18.40
Stop Loss: $17.25
Target Price: $20.25
VCRA closed at $18.10