Virco Manufacturing Corp [VIRC] stock is trading at $10.05, down -1.95%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VIRC shares have gain 9.24% over the last week, with a monthly amount drifted -12.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wedbush Morgan reaffirmed its Hold rating on April 20, 2009, and elevated its price target to $3. On December 15, 2008, Wedbush Morgan reiterated its Hold rating and revised its price target to $2.75 on the stock. Wedbush Morgan reiterated its Hold rating and decreased its price target to $5 on September 12, 2008. Wedbush Morgan reiterated its recommendation of a Hold and reduced its price target to $7.50 on December 11, 2007. Wedbush Morgan reiterated a Hold rating for this stock on September 12, 2007, and upped its price target to $8.
Virco Manufacturing Corp [VIRC] stock has fluctuated between $8.75 and $18.50 over the past year. Virco Manufacturing Corp [NASDAQ: VIRC] shares were valued at $10.05 at the most recent close of the market.
Analyzing the VIRC fundamentals
Virco Manufacturing Corp [NASDAQ:VIRC] reported sales of 280.38M for the trailing twelve months, which represents a drop of -1.94%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.25 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.87 points at the first support level, and at 9.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.32, and for the 2nd resistance point, it is at 10.58.
Ratios To Look Out For
For context, Virco Manufacturing Corp’s Current Ratio is 2.88. As well, the Quick Ratio is 1.70. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.41 and price to earnings (TTM) ratio is 6.52.
