Virtra (OTCMKTS:VTSI) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS
Virtra (OTCMKTS:VTSI) issued its quarterly earnings results on Tuesday. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.03), Morningstar.com reports. The company had revenue of $3.05 million during the quarter, compared to analysts’ expectations of $3.65 million.
Shares of VTSI traded down $0.26 during trading hours on Wednesday, hitting $2.19. 38,520 shares of the stock were exchanged, compared to its average volume of 14,699. Virtra has a 12-month low of $2.25 and a 12-month high of $5.94. The stock has a 50-day moving average price of $2.46.
Separately, Roth Capital started coverage on Virtra in a research report on Tuesday, May 28th. They set a “buy” rating and a $6.00 price target for the company.
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.
Read More: Why do analysts give a neutral rating?
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