Vitru (NASDAQ:VTRU) Stock Price Down 2%

Vitru Limited (NASDAQ:VTRU)’s stock price traded down 2% on Friday . The stock traded as low as $12.08 and last traded at $12.08. 9,283 shares were traded during trading, a decline of 47% from the average session volume of 17,475 shares. The stock had previously closed at $12.33.

Vitru Stock Performance

The firm has a 50 day moving average of $13.98 and a two-hundred day moving average of $13.79. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.73 and a current ratio of 1.18. The stock has a market cap of $405.17 million, a P/E ratio of 21.19 and a beta of 0.01.

Vitru (NASDAQ:VTRU) last posted its quarterly earnings results on Thursday, March 21st. The company reported $0.02 EPS for the quarter. The firm had revenue of $102.72 million during the quarter. Vitru had a return on equity of 10.95% and a net margin of 5.44%. On average, research analysts predict that Vitru Limited will post 1.95 EPS for the current fiscal year.

Hedge Funds Weigh In On Vitru

Several large investors have recently added to or reduced their stakes in the company. SPX Gestao de Recursos Ltda raised its holdings in Vitru by 3,763.3% in the 4th quarter. SPX Gestao de Recursos Ltda now owns 56,482 shares of the company’s stock valued at $890,000 after acquiring an additional 55,020 shares in the last quarter. Rock Creek Group LP raised its holdings in Vitru by 41.9% in the 3rd quarter. Rock Creek Group LP now owns 37,663 shares of the company’s stock valued at $662,000 after acquiring an additional 11,120 shares in the last quarter. Finally, Sagil Capital LLP acquired a new position in shares of Vitru in the 3rd quarter worth approximately $901,000. Institutional investors and hedge funds own 74.47% of the company’s stock.

About Vitru

Vitru Limited, together with its subsidiaries, provides educational services in Brazil. The company operates through Digital Education Undergraduate Courses, Continuing Education Courses, and On-Campus Undergraduate Courses segments. It offers distance, on-site undergraduate, graduate, technical, and professional courses, as well as continuing education and preparatory courses.