Shares of Vasco Data Security International Inc. (NASDAQ:VDSI) were down 2.5% on Thursday . The company traded as low as $16.80 and last traded at $16.82, with a volume of 119,575 shares traded. The stock had previously closed at $17.25.

A number of analysts recently weighed in on VDSI shares. Zacks Investment Research lowered shares of Vasco Data Security International from a “hold” rating to a “sell” rating in a research note on Wednesday, April 20th. TheStreet upgraded shares of Vasco Data Security International from a “hold” rating to a “buy” rating in a research note on Friday, April 22nd. Sidoti started coverage on shares of Vasco Data Security International in a research note on Thursday, June 23rd. They set a “buy” rating and a $24.00 target price on the stock. Finally, Dougherty & Co cut their target price on shares of Vasco Data Security International from $22.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, July 29th. Five research analysts have rated the stock with a buy rating, Vasco Data Security International currently has an average rating of “Buy” and an average target price of $24.75.

The company’s 50-day moving average is $16.63 and its 200 day moving average is $15.90. The company has a market cap of $665.92 million and a P/E ratio of 33.74.

Vasco Data Security International (NASDAQ:VDSI) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.08 by $0.07. The business earned $54.30 million during the quarter, compared to analysts’ expectations of $52.30 million. The firm’s quarterly revenue was down 17.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.40 EPS. Equities research analysts anticipate that Vasco Data Security International Inc. will post $0.35 EPS for the current fiscal year.

An institutional investor recently bought a new position in Vasco Data Security International stock. Marshall Wace LLP acquired a new stake in shares of Vasco Data Security International Inc. (NASDAQ:VDSI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 218,514 shares of the company’s stock, valued at approximately $3,656,000. Marshall Wace LLP owned approximately 0.55% of Vasco Data Security International as of its most recent SEC filing.

VASCO Data Security International, Inc (VASCO) is an information technology (IT) security company that designs, develops and markets security solutions that secure and manage access to digital assets, protect and facilitate transactions online, via mobile devices, and in-person. The Company’s primary product and service lines include Host System products, which are typically a component of an organization’s IT infrastructure and Client Authenticators, which are devices used by end users for authentication.

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