Virco Mfg. (NASDAQ:VIRC) issued its quarterly earnings results on Monday. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.06), Fidelity Earnings reports. Virco Mfg. had a negative return on equity of 2.63% and a negative net margin of 0.89%.
VIRC opened at $3.52 on Wednesday. The firm has a market capitalization of $56.03 million, a P/E ratio of -39.11 and a beta of 1.36. The stock has a fifty day moving average of $3.52 and a 200-day moving average of $3.37. The company has a quick ratio of 0.58, a current ratio of 2.02 and a debt-to-equity ratio of 0.29. Virco Mfg. has a 12-month low of $1.94 and a 12-month high of $4.61.
Several equities research analysts have recently commented on the company. TheStreet raised Virco Mfg. from a “d+” rating to a “c” rating in a report on Monday, June 14th. Zacks Investment Research upgraded shares of Virco Mfg. from a “sell” rating to a “hold” rating in a report on Tuesday, August 17th.
About Virco Mfg.
Virco Manufacturing Corp. engages in the design, production and distribution of furniture. Its products include mobile tables, mobile storage equipment, desks, computer furniture, chairs, folding chairs and folding tables. The company was founded in February 1950 and is headquartered in Torrance, CA.
Recommended Story: What is a trade deficit?
Receive News & Ratings for Virco Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virco Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.