Headlines about Virco Manufacturing Corporation (NASDAQ:VIRC) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virco Manufacturing Corporation earned a news impact score of 0.05 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.7018979391893 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Virco Manufacturing Corporation (VIRC) traded down 2.63% during midday trading on Wednesday, reaching $5.55. The company had a trading volume of 690 shares. The company’s 50-day moving average is $5.69 and its 200-day moving average is $5.07. Virco Manufacturing Corporation has a 1-year low of $3.55 and a 1-year high of $6.05. The stock has a market capitalization of $85.23 million, a PE ratio of 3.92 and a beta of -0.03.

Virco Manufacturing Corporation (NASDAQ:VIRC) last issued its quarterly earnings results on Thursday, September 14th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The company had revenue of $72.64 million during the quarter, compared to analysts’ expectations of $69.33 million. Virco Manufacturing Corporation had a return on equity of 6.68% and a net margin of 11.67%. On average, equities research analysts forecast that Virco Manufacturing Corporation will post $0.43 EPS for the current year.

Several brokerages recently weighed in on VIRC. ValuEngine raised Virco Manufacturing Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research lowered Virco Manufacturing Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Finally, Wedbush reissued an “ourperform” rating and issued a $6.00 price objective on shares of Virco Manufacturing Corporation in a report on Friday, September 15th.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Impact Virco Manufacturing Corporation (VIRC) Share Price” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/10/25/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-virco-manufacturing-corporation-virc-share-price.html.

About Virco Manufacturing Corporation

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.

Insider Buying and Selling by Quarter for Virco Manufacturing Corporation (NASDAQ:VIRC)

Receive News & Stock Ratings for Virco Manufacturing Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virco Manufacturing Corporation and related stocks with our FREE daily email newsletter.