Virco Mfg. (NASDAQ:VIRC) Downgraded by Zacks Investment Research | MarketBeat

Through this three-part video course, you can learn everything you need for successful options trading.

Sign up for MarketBeat All Access to use MarketBeat’s full set of research tools:

Demoted

From the “buy” rating to the “hold” rating in the notes issued to investors on Saturday,

report.

Zacks stated: “Virco Manufacturing Company designs, produces and distributes high-quality furniture for the global contract and education markets. The facilities Virco serves include public and private schools, colleges and universities, conference centers, federal and state institutions, churches, and Products are sold to wholesalers, distributors, retailers and catalog retailers. In order to divide the workload into manageable quantities, Virco divides sales personnel into educational and commercial categories."

Share of

The opening price on Friday was $2.74. The company's debt-to-equity ratio is 0.09, current ratio is 2.13, and quick ratio is 0.75. The company's 50-day moving average is $2.49, and the 200-day moving average is $2.29. The company's market capitalization is $43.62 million, a P/E ratio of -39.14, and a beta of 1.28. Virco Mfg. The 1-year low is $1.82 and the 1-year high is $4.40.

Virco Manufacturing Company (NASDAQ: VIRC) released its quarterly earnings data on Sunday, December 13. The company announced earnings per share of US$0.28 for the quarter, in line with analyst consensus estimates of US$0.28. Virco Mfg. The net profit margin is negative 0.61%, and the return on equity is negative 1.77%. On average, stock analysts expect Virco Mfg. This year, an EPS of -0.03 will be released.

A hedge fund recently increased its position in Virco Mfg. Shares in stocks. Merit Financial Group LLC stated in a recent filing with the US Securities and Exchange Commission (SEC) that in the third quarter, Merit Financial Group LLC placed it in Virco Mfg. Co. (NASDAQ: VIRC) shares increased by 35.3%. Institutional investors own 19,485 shares of the company's stock after purchasing an additional 5,082 shares this quarter. At the end of the most recent quarter, Merit Financial Group LLC owned Virco Mfg. 0.12% of the shares are valued at $42,000. Institutional investors and hedge funds own 19.33% of the shares.

If you have enough funds to invest in the stock market, but are confused about what to do next...this is an interview not to be missed in 2021...

Virco Mfg. Corporation is engaged in the design, production and distribution of furniture in the US commercial and educational markets. The seating products it offers include four-legged chairs, cantilever chairs, flat armchairs with work surfaces and compact footprints, steel-frame rocking chairs, stools, classroom chairs, stacking and folding chairs, hard plastic seats, upholstered stacking and human body Engineering chairs, and plastic stacking chairs.

Recommended story:

For more information about the research products offered by Zacks Investment Research, please visit

Many investors confuse the volatility of the election year with the market performance in the election year. Historically, investors did not care who won the election.

Historical evidence shows that the market will rise after the Republican Party wins, and the market will fall after the Democratic Party wins. However, the same evidence shows that these trends changed in the first year of the presidency. It just proves that there is a difference between election and governance.

What may be different is where investors choose to make money. Under the leadership of the Republican government, certain departments performed better than the Democratic government. But this is not the focus of this speech.

Instead, we are studying that whoever occupies 1600 Pennsylvania Avenue’s companies and stocks should be profitable. Some of them will be familiar names, but we are trying to be less obvious. No matter who wins, Amazon (NASDAQ: AMZN) buys. You don't need an article to tell you.

Although I will not call it a "coronavirus stock" list, the list is somewhat similar. The fact is that every major event in our country’s history has a chain reaction. The technology we never thought about will become "one thing", the most important thing in our lives.

.

Fill out the form below to get a free daily email newsletter to get the latest headlines and analyst advice about your stock:

Check the latest news, stock buy/sell ratings, SEC filings and insider trading. Compare your portfolio performance with leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from the best performing Wall Street analysts. Get short-term trading ideas from the MarketBeat creative engine. Use MarketBeat's trend stock report to see which stocks are hot on social media.

Use seven unique stock screeners to identify stocks that meet your criteria. Use MarketBeat's real-time news source to view current market conditions. Export the data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, Idea Engine, data export tools, research reports and other advanced tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full set of financial calendars and market data sheets for free.

Get free world-class investment training from MarketBeat. Understand financial terms, investment types, trading strategies, etc.

Features:

MarketBeat enables individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you are looking for analyst ratings, company buybacks, dividends, earnings, economic reports, finances, internal transactions, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock.

©American Consumer News Co., Ltd. dbaMarketBeat®2010-2021. all rights reserved.

326 E 8th St #105, Sioux Falls, SD 57103 |

| (844) 978-6257

MarketBeat does not provide financial advice, nor does it make recommendations or offers to buy stocks or sell any securities.

.

©2021 Market data provided is delayed by at least 10 minutes and is hosted

. Basic company data provided by Morningstar and Zacks Investment Research. Information is provided "as is", only for the purpose of providing information, not for trade or advice purposes, and will be delayed. To view all exchange delays and terms of use, please see

. As a reward for choosing to join our email newsletter, you will also get a free subscription to the Fortune Connect e-newsletter. You can log out at any time.

Enter your email address below to get a concise daily summary of analyst upgrades, downgrades and new reports through MarketBeat.com's free daily email newsletter.