VirTra (NASDAQ:VTSI) Stock Price Up 4.1% – Should You Buy?

VirTra, Inc. (NASDAQ:VTSI) shares traded up 4.1% during mid-day trading on Tuesday . The company traded as high as $8.20 and last traded at $7.96. 122,668 shares changed hands during trading, a decline of 37% from the average session volume of 196,226 shares. The stock had previously closed at $7.65.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital reduced their price target on VirTra from $16.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th.

VirTra Trading Down 4.4 %

The company has a market capitalization of $85.54 million, a PE ratio of 14.63 and a beta of 0.62. The company has a current ratio of 5.02, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17. The business’s 50-day simple moving average is $6.58 and its two-hundred day simple moving average is $7.57.

VirTra (NASDAQ:VTSI) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.05. The firm had revenue of $7.48 million during the quarter, compared to analyst estimates of $6.81 million. VirTra had a return on equity of 13.01% and a net margin of 18.24%. During the same quarter last year, the firm earned $0.15 EPS. On average, analysts predict that VirTra, Inc. will post 0.34 earnings per share for the current year.

Hedge Funds Weigh In On VirTra

Several large investors have recently modified their holdings of VTSI. BNP Paribas Financial Markets raised its position in shares of VirTra by 32.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,035 shares of the company’s stock valued at $31,000 after acquiring an additional 1,229 shares in the last quarter. Barclays PLC lifted its position in shares of VirTra by 34.3% in the 3rd quarter. Barclays PLC now owns 15,028 shares of the company’s stock worth $94,000 after buying an additional 3,837 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of VirTra by 28.4% in the 3rd quarter. Janus Henderson Group PLC now owns 17,705 shares of the company’s stock valued at $110,000 after buying an additional 3,920 shares during the period. Rhumbline Advisers bought a new stake in shares of VirTra during the 2nd quarter valued at about $81,000. Finally, Wolverine Trading LLC acquired a new stake in VirTra during the third quarter worth about $76,000. Institutional investors own 14.69% of the company’s stock.

VirTra Company Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.