Virtra (OTCMKTS:VTSI) Issues Earnings Results, Misses Estimates By $0.03 EPS
Virtra (OTCMKTS:VTSI) released its earnings results on Tuesday. The company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03), Morningstar.com reports. The company had revenue of $3.05 million during the quarter, compared to analyst estimates of $3.65 million.
VTSI traded down $0.26 during trading on Wednesday, reaching $2.21. The stock had a trading volume of 29,279 shares, compared to its average volume of 14,699. Virtra has a one year low of $2.25 and a one year high of $5.94. The firm’s 50-day moving average is $2.46.
Separately, Roth Capital initiated coverage on Virtra in a research note on Tuesday, May 28th. They issued a “buy” rating and a $6.00 target price on the stock.
VirTra, Inc, formerly VirTra Systems, Inc, is engaged in the sale and development of judgmental use of force training simulators and firearms training simulators for law enforcement, military and commercial uses. The Company sells simulators and related products around the world through a direct sales force and international distribution partners.
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