Home News Latest Technicals: Virtusa Corporation (NASDAQ: VRTU)

Latest Technicals: Virtusa Corporation (NASDAQ: VRTU)

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Virtusa Corporation is part of the application software industry and is part of the technology sector. The company CEO is Kris Canekeratne. Virtusa Corp is an information technology services company. It uses an offshore delivery model to provide various information technology services, including IT consulting, technology implementation and application outsourcing.

Previous Intraday Trading Performance:

The VRTU stock showed a previous change of 0.73% with an open at 44.17 and a close of 44.22. It reached an intraday high of 44.80 and a low of 43.35.

Business Wire:  Virtusa to Present at the 46th Annual Cowen Technology, Media & Telecom Conference

Liquidity:

The stock has a market cap of $1.3b with 30.2m shares outstanding, of which the float is 28.6m shares. Trading volume reached 303,456 shares compared to its average volume of 204,823 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Virtusa Corporation shares returned 2.03% and in the past 30 trading days it returned -19.99%. Over three months, it changed -14.24%. In one year it has changed -15.66% and within that year its 52-week high was 58.60 and its 52-week low was 37.80. VRTU stock is 16.98% above its 52 Week Low.

Our calculations show a 200 day moving average of 49.39 and a 50 day moving average of 49.79. Currently VRTU stock is trading -10.48% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Virtusa to Present at the 46th Annual Cowen Technology, Media & Telecom Conference

Earnings:

The last annual fiscal EPS for the company was reported at 0.36 that ended on 31st of March 2019, which according to the previous close, that is a PE of 122.83. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.31. The TTM EPS is 1.06, which comes to a TTM PE of 41.72.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/15/2019): 0.24
4thQtr of 2018 (Reported on 02/07/2019): 0.37
3rdQtr of 2018 (Reported on 11/08/2018): 0.01
2ndQtr of 2018 (Reported on 08/08/2018): -0.25
1stQtr of 2018 (Reported on 05/15/2018): 0.06

Base on our calculations, the intrinsic value per share is 49.78, which means it is possibly undervalued and has a margin of safety of 11.16%.

Indicators to Watch:

The current calculated beta is 1.21.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 3.06%, return on assets is 1.10%, profit margin is 1.46%, price-to-sales is 1.06 and price-to-book is 3.39.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 1  :Past Performance Score
 3  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.