New Lifetime High Reached By Virtusa (VRTU)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Virtusa ( VRTU) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Virtusa as such a stock due to the following factors:

  • VRTU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.7 million.
  • VRTU has traded 633 shares today.
  • VRTU is trading at a new lifetime high.

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More details on VRTU:

Virtusa Corporation operates as an information technology (IT) services company. VRTU has a PE ratio of 35. Currently there are 6 analysts that rate Virtusa a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Virtusa has been 141,200 shares per day over the past 30 days. Virtusa has a market cap of $1.5 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 2.14 and a short float of 2.3% with 3.22 days to cover. Shares are up 24.3% year-to-date as of the close of trading on Friday.

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