Vasco Data Security International Inc. (NASDAQ:VDSI) shares were down 2.5% during trading on Thursday . The stock 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 have weighed in on VDSI shares. Zacks Investment Research upgraded Vasco Data Security International from a “sell” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Thursday. TheStreet upgraded Vasco Data Security International from a “hold” rating to a “buy” rating in a research note on Friday, April 22nd. Dougherty & Co cut their price target on 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. Finally, Sidoti started coverage on Vasco Data Security International in a research note on Thursday, June 23rd. They issued a “buy” rating and a $24.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, Vasco Data Security International currently has an average rating of “Buy” and a consensus price target of $24.75.

The company has a 50 day moving average price of $16.64 and a 200-day moving average price of $15.91. The stock has a market cap of $677.83 million and a price-to-earnings ratio of 34.35.

Vasco Data Security International (NASDAQ:VDSI) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.07. The company had revenue of $54.30 million for the quarter, compared to analysts’ expectations of $52.30 million. The firm’s quarterly revenue was down 17.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 earnings per share. On average, equities analysts forecast that Vasco Data Security International Inc. will post $0.28 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 Vasco Data Security International Inc. (NASDAQ:VDSI) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 218,514 shares of the company’s stock, valued at approximately $3,656,000. Marshall Wace LLP owned 0.55% of Vasco Data Security International at the end of the most recent quarter.

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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