Zacks Investment Research downgraded Virco Mfg. Corporation (NASDAQ:VIRC) to Sell in a report released today.
- Updated: September 20, 2016
Zacks Investment Research has downgraded Virco Mfg. Corporation(NASDAQ:VIRC) to Sell in a report released on 9/20/2016.
Boasting a price of $4.22, Virco Mfg. Corporation (NASDAQ:VIRC) traded 0.24% lower on the day. The last stock price is up 9.35% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Virco Mfg. Corporation has logged a 50-day moving average of $4.28 and two hundred day moving average of $3.86. Trade volume was was down over the average, with 1,004 shares of VIRC changing hands under the typical 20,583 shares.
Recent Performance Graph:
With a market capitalization of $0.0, Virco Mfg. Corporation has a P/E of 16 with a one-year low of $2.84 and a 52 week high of $4.94.
General Information About Virco Mfg. Corporation (NASDAQ:VIRC)
Virco Mfg. Corporation (Virco) is engaged in the designing, producing and distributing of furniture for a range family of customers. The Company is a manufacturer and supplier of moveable educational furniture and equipment for the preschool through 12th grade market in the United States. It manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, folding chairs and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Virco also has flat metal forming capabilities to enable the production of desks, returns, bookcases, filing cabinets, mobile pedestals and related items. Its ZUMA line includes cantilever chairs; tablet arm chairs with a fixed or articulating work surface and a compact footprint, and and steel-frame rockers.
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