MYNA - VirTra: It's Got More Than Just Momentum Going For It
2024-05-13 23:02:38 ET
Summary
- VirTra recently was assigned a "Strong Buy" rating by the Seeking Alpha Quant system.
- But it's got more than the Quant's recommendation: Management is intensively looking to grow the business domestically and abroad. Exciting years are ahead.
- In this analysis, I examine how the combination of strong quantitative and qualitative drivers makes VirTra a Buy.
Quantitative Factors Support Buying VirTra
Shares of VirTra, Inc. ( VTSI ) caught my attention when they were recently assigned a "Strong Buy" rating by the Seeking Alpha Quant system:
Seeking Alpha
VirTra is a small-cap company. I like investing in small caps because they tend not to catch the attention of professional investors. Professional traders often won't buy them because even though they offer volatility, the low volume and low float associated with small caps make it hard to manage risk. For institutional investors, small caps are largely untradeable. Moving billions of dollars into a small-cap position, by definition, isn't possible. Even placing a few million into a small cap could greatly impact the price of the stock because of the demand it creates, or it could take a long time to fill the order. Exiting the position creates the same kind of problems....
VirTra: It's Got More Than Just Momentum Going For It