A Look Into Virco Mfg Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Virco Mfg Inc. (NASDAQ:VIRC) shares are trading at $13.19, with a recent decrease of 0.92%. Despite a 7.75% drop over the past month, the stock has increased by 90.97% over the past year. The company's P/E ratio of 8.17 is lower than the industry average of 515.35, suggesting potential undervaluation or lower growth expectations.
October 02, 2024 | 3:30 pm
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Virco Mfg Inc. (NASDAQ:VIRC) is trading at $13.19, down 0.92%. The stock has fallen 7.75% in the past month but is up 90.97% over the past year. Its P/E ratio of 8.17 is significantly lower than the industry average, indicating potential undervaluation or low growth expectations.
The article highlights Virco's recent stock performance and its P/E ratio compared to the industry average. The low P/E ratio could suggest undervaluation or low growth expectations, but the stock's significant yearly increase indicates potential investor confidence. The mixed signals result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100