Alert: Positive Investment/Fundamental Signals (11/22/23)-Virtra Inc (NASDAQ: VTSI)

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Recent extremely meaningful positive changes in investment behavior have benefitted Virtra Inc (NASDAQ: VTSI): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Virtra Inc (NASDAQ: VTSI). Small positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, VTSI is expected to continue to be a modest Value Eraser.

Virtra has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Virtra has a very low Appreciation Score of 9 but a good Power Rating of 79, producing the Low Neutral Value Trend Rating.

Recent Price Action

On 11/22/23, Virtra Inc (NASDAQ: VTSI) stock rose slightly by 0.1%, closing at $7.21. The stock has been exceptionally strong relative to the market over the last nine months and has risen 31.1% during the last week.

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