VirTra (NASDAQ:VTSI) Trading Up 3.3%

VirTra, Inc. (NASDAQ:VTSI)’s stock price was up 3.3% during trading on Tuesday . The stock traded as high as $6.55 and last traded at $6.50. Approximately 37,521 shares changed hands during trading, a decline of 40% from the average daily volume of 62,029 shares. The stock had previously closed at $6.29.

Analysts Set New Price Targets

VTSI has been the topic of several recent analyst reports. TheStreet lowered shares of VirTra from a “b” rating to a “c+” rating in a research note on Friday, August 18th. Roth Mkm boosted their price objective on shares of VirTra from $13.00 to $14.50 and gave the stock a “buy” rating in a research note on Tuesday, August 15th.

VirTra Stock Up 3.3 %

The company has a market capitalization of $71.05 million, a price-to-earnings ratio of 15.48 and a beta of 0.73. The firm’s 50 day moving average price is $7.09 and its two-hundred day moving average price is $6.27. The company has a current ratio of 2.51, a quick ratio of 1.94 and a debt-to-equity ratio of 0.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its stake in VirTra by 127.9% in the 2nd quarter. Renaissance Technologies LLC now owns 108,500 shares of the company’s stock valued at $826,000 after buying an additional 60,900 shares during the last quarter. Geode Capital Management LLC grew its stake in VirTra by 8.7% in the 2nd quarter. Geode Capital Management LLC now owns 91,209 shares of the company’s stock valued at $694,000 after buying an additional 7,265 shares during the last quarter. Creative Planning acquired a new position in VirTra in the 4th quarter valued at about $246,000. Marshall Wace LLP acquired a new position in VirTra in the 2nd quarter valued at about $383,000. Finally, Acadian Asset Management LLC bought a new stake in VirTra in the 2nd quarter valued at about $323,000. Institutional investors and hedge funds own 17.15% of the company’s stock.

About VirTra

VirTra, Inc provides force and firearms training, and driving simulators for law enforcement, military, educational, and commercial markets worldwide. The company's patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.