Vitru (NASDAQ:VTRU) Stock Price Down 2%

Vitru Limited (NASDAQ:VTRU)’s share price was down 2% on Friday . The stock traded as low as $12.08 and last traded at $12.08. Approximately 9,283 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 17,475 shares. The stock had previously closed at $12.33.

Vitru Price Performance

The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 1.01. The company has a market cap of $405.17 million, a PE ratio of 21.19 and a beta of 0.01. The firm has a 50 day moving average of $13.96 and a two-hundred day moving average of $13.77.

Vitru (NASDAQ:VTRU) last posted its quarterly earnings results on Thursday, March 21st. The company reported $0.02 earnings per share for the quarter. The company had revenue of $102.72 million for the quarter. Vitru had a return on equity of 10.95% and a net margin of 5.44%. Research analysts predict that Vitru Limited will post 1.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vitru

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rock Creek Group LP lifted its position in Vitru by 41.9% in the 3rd quarter. Rock Creek Group LP now owns 37,663 shares of the company’s stock valued at $662,000 after acquiring an additional 11,120 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its position in Vitru by 3,763.3% in the 4th quarter. SPX Gestao de Recursos Ltda now owns 56,482 shares of the company’s stock valued at $890,000 after acquiring an additional 55,020 shares in the last quarter. Finally, Sagil Capital LLP bought a new position in Vitru in the 3rd quarter valued at approximately $901,000. 74.47% of the stock is owned by institutional investors.

About Vitru

Vitru Limited, together with its subsidiaries, provides educational services in Brazil. The company operates through Digital Education Undergraduate Courses, Continuing Education Courses, and On-Campus Undergraduate Courses segments. It offers distance, on-site undergraduate, graduate, technical, and professional courses, as well as continuing education and preparatory courses.