Roth Mkm Boosts VirTra (NASDAQ:VTSI) Price Target to $19.00

VirTra (NASDAQ:VTSI - Get Free Report) had its price target upped by Roth Mkm from $14.50 to $19.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. Roth Mkm's price target would indicate a potential upside of 26.50% from the company's previous close.

Other equities research analysts have also issued research reports about the company. TheStreet upgraded VirTra from a "c+" rating to a "b-" rating in a research note on Tuesday, December 12th. Lake Street Capital boosted their price target on VirTra from $9.00 to $13.00 and gave the stock a "buy" rating in a research note on Friday, December 29th.

VirTra Stock Up 14.3 %

Shares of VTSI stock traded up $1.88 during trading hours on Wednesday, reaching $15.02. 1,198,835 shares of the company's stock were exchanged, compared to its average volume of 238,172. VirTra has a 1 year low of $4.20 and a 1 year high of $15.62. The stock has a market cap of $166.72 million, a PE ratio of 20.33, a PEG ratio of 0.45 and a beta of 0.85. The company has a current ratio of 2.69, a quick ratio of 2.07 and a debt-to-equity ratio of 0.20. The stock's fifty day moving average price is $10.47 and its two-hundred day moving average price is $8.48.

Institutional Investors Weigh In On VirTra

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in VirTra by 0.5% in the third quarter. Vanguard Group Inc. now owns 436,011 shares of the company's stock valued at $2,433,000 after buying an additional 2,270 shares during the last quarter. Renaissance Technologies LLC boosted its position in VirTra by 127.9% in the second quarter. Renaissance Technologies LLC now owns 108,500 shares of the company's stock valued at $826,000 after buying an additional 60,900 shares during the last quarter. Geode Capital Management LLC boosted its position in VirTra by 8.7% in the second quarter. Geode Capital Management LLC now owns 91,209 shares of the company's stock valued at $694,000 after buying an additional 7,265 shares during the last quarter. Quadrature Capital Ltd boosted its position in VirTra by 49.1% in the fourth quarter. Quadrature Capital Ltd now owns 62,157 shares of the company's stock valued at $589,000 after buying an additional 20,464 shares during the last quarter. Finally, Creative Planning purchased a new stake in VirTra in the 4th quarter worth approximately $246,000. Hedge funds and other institutional investors own 14.69% of the company's stock.

About VirTra

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.