Virco Manufacturing Corp. (VIRC) Reaches New 52-Week High at $4.65
Shares of Virco Manufacturing Corp. (NASDAQ:VIRC) hit a new 52-week high during trading on Wednesday . The company traded as high as $4.65 and last traded at $4.59, with a volume of 62,792 shares. The stock had previously closed at $4.49.
Separately, Zacks Investment Research lowered shares of Virco Manufacturing Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, April 28th.
The firm has a market cap of $69.82 million and a P/E ratio of 15.673. The stock has a 50-day moving average price of $3.95 and a 200-day moving average price of $3.44.
Virco Manufacturing Corp. (NASDAQ:VIRC) last released its quarterly earnings data on Friday, June 10th. The company reported ($0.21) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.22) by $0.01. The business earned $20.83 million during the quarter. On average, analysts expect that Virco Manufacturing Corp. will post $0.39 EPS for the current year.
Virco Mfg. Corporation (Virco) is engaged in the designing, producing and distributing of furniture for a range family of customers. The Company is a manufacturer and supplier of moveable educational furniture and equipment for the preschool through 12th grade market in the United States. It manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, folding chairs and folding tables.
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