Vasco Data Security International Trading Up 17.3% on Strong Earnings (VDSI)
Vasco Data Security International (NASDAQ:VDSI) shares were up 17.3% during mid-day trading on Tuesday following a stronger than expected earnings report, Analyst Ratings News reports. The stock traded as high as $8.75 and last traded at $7.93, with a volume of 738,041 shares traded. The stock had previously closed at $6.76.
The company reported $0.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.03. The company had revenue of $43.30 million for the quarter, compared to the consensus estimate of $40.00 million.
The stock has a 50-day moving average of $7.42 and a 200-day moving average of $7.70. The company has a market cap of $308.5 million and a P/E ratio of 26.61.
VASCO Data Security International, Inc (NASDAQ:VDSI), through its operating subsidiaries, design, develop, market and support hardware and software security systems that manage and secure access to information assets.
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