Virco Manufacturing Corporation (VIRC) Receives Daily Media Sentiment Score of 0.23
Media coverage about Virco Manufacturing Corporation (NASDAQ:VIRC) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Virco Manufacturing Corporation earned a news impact score of 0.23 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.0535846552723 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Virco Manufacturing Corporation (NASDAQ VIRC) traded down 0.85% on Wednesday, reaching $5.85. The company had a trading volume of 6,029 shares. The company has a market capitalization of $88.80 million, a P/E ratio of 3.79 and a beta of 0.12. The stock’s 50-day moving average is $5.40 and its 200-day moving average is $4.70. Virco Manufacturing Corporation has a 52 week low of $3.55 and a 52 week high of $5.95.
Virco Manufacturing Corporation (NASDAQ:VIRC) last posted its earnings results on Monday, June 12th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The company had revenue of $23.24 million for the quarter. Virco Manufacturing Corporation had a return on equity of 10.87% and a net margin of 13.47%. Equities research analysts forecast that Virco Manufacturing Corporation will post $0.44 EPS for the current fiscal year.
A number of research analysts recently weighed in on VIRC shares. Zacks Investment Research raised Virco Manufacturing Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. Wedbush reaffirmed an “outperform” rating and set a $6.00 price objective (up previously from $5.00) on shares of Virco Manufacturing Corporation in a research report on Wednesday, June 21st. TheStreet raised Virco Manufacturing Corporation from a “c+” rating to a “b” rating in a research report on Thursday, June 22nd. Finally, ValuEngine raised Virco Manufacturing Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.
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Virco Manufacturing Corporation Company Profile
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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