VirTra (NASDAQ:VTSI) Shares Down 1.1% – Should You Sell?

VirTra, Inc. (NASDAQ:VTSI) was down 1.1% during trading on Thursday. The company traded as low as $2.63 and last traded at $2.64. 28,038 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 24,225 shares. The stock had previously closed at $2.67.

Wall Street Analysts Forecast Growth

VTSI has been the subject of a number of recent analyst reports. Zacks Research raised shares of VirTra from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Weiss Ratings reissued a “sell (d)” rating on shares of VirTra in a research report on Monday, September 21st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.00.

VirTra Trading Up 1.9%

The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.44 and a current ratio of 3.89. The firm has a market cap of $30.45 million, a price-to-earnings ratio of -10.35 and a beta of 0.86. The company’s 50-day moving average is $2.97 and its 200-day moving average is $3.40.

VirTra (NASDAQ:VTSI) last released its earnings results on Thursday, August 13th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. The firm had revenue of $5.76 million during the quarter, compared to analyst estimates of $3.54 million. VirTra had a negative net margin of 17.04% and a negative return on equity of 6.59%. On average, research analysts predict that VirTra, Inc. will post -0.14 earnings per share for the current year.

Institutional Investors Weigh In On VirTra

A hedge fund recently raised its stake in VirTra stock. Dimensional Fund Advisors LP lifted its stake in shares of VirTra, Inc. (NASDAQ:VTSI) by 2.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 331,462 shares of the company’s stock after purchasing an additional 7,408 shares during the period. Dimensional Fund Advisors LP owned 2.93% of VirTra worth $1,230,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 14.69% of the company’s stock.

VirTra Company Profile

VirTra, Inc (NASDAQ: VTSI) develops immersive training systems designed primarily for law enforcement, military, and commercial customers. Its technology combines simulated environments, video-based scenarios, firearms and less-lethal training devices, and instructor-controlled exercises to help users practice decision-making, communication, de-escalation, and use-of-force skills.

The company’s product portfolio includes its multi-screen and single-screen simulation platforms, such as the V-300, V-180, and V-100 systems.