VirTra (NASDAQ:VTSI) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen has downgraded VirTra (NASDAQ:VTSI) from a "buy" rating to a "hold" rating in a recent research report.
• VirTra's stock opened at $6.95 and has fluctuated between a twelve month low of $3.57 and a high of $8.53.
• The company reported earnings of $0.11 per share for the last quarter, significantly surpassing the consensus estimate of $0.01.

Wall Street Zen lowered shares of VirTra (NASDAQ:VTSI - Free Report) from a buy rating to a hold rating in a report issued on Saturday.

VirTra Trading Up 5.0%

VTSI traded up $0.35 during trading on Friday, hitting $7.30. 102,302 shares of the stock traded hands, compared to its average volume of 91,349. The firm has a market capitalization of $82.21 million, a P/E ratio of 38.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.54 and a quick ratio of 3.03. The firm has a 50-day moving average of $6.33 and a 200 day moving average of $5.65. VirTra has a 12-month low of $3.57 and a 12-month high of $8.53.

VirTra (NASDAQ:VTSI - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.01 by $0.10. VirTra had a net margin of 8.22% and a return on equity of 4.66%. The firm had revenue of $7.16 million during the quarter, compared to analysts' expectations of $5.46 million. Equities research analysts anticipate that VirTra will post 0.34 EPS for the current year.

Institutional Investors Weigh In On VirTra

Several institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN raised its stake in VirTra by 74.8% during the 4th quarter. Wells Fargo & Company MN now owns 5,692 shares of the company's stock valued at $38,000 after buying an additional 2,436 shares during the last quarter. Nuveen LLC purchased a new position in shares of VirTra in the first quarter worth $94,000. NewEdge Advisors LLC purchased a new position in shares of VirTra in the fourth quarter worth $98,000. Bank of New York Mellon Corp lifted its holdings in shares of VirTra by 19.8% in the first quarter. Bank of New York Mellon Corp now owns 25,278 shares of the company's stock worth $103,000 after buying an additional 4,184 shares in the last quarter. Finally, Barclays PLC raised its stake in VirTra by 15.0% during the fourth quarter. Barclays PLC now owns 17,275 shares of the company's stock valued at $117,000 after purchasing an additional 2,247 shares in the last quarter. 14.69% of the stock is owned by hedge funds and other institutional investors.

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.