Revenue Update on Versar(NYSEMKT:VSR)

Versar(NYSEMKT:VSR) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 28, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-2.01.

Versar (VSR) shares turned negative on Fridays trading session with the shares closing down -0.05 points or -2.56% at a volume of 6,02,879. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $2. The peak price level was also seen at $2 while the days lowest was $1.82. Finally the shares closed at $1.9. The 52-week high of the shares is $3.2499 while the 52-week low is $0.9. According to the latest information available, the market cap of the company is $19 M.

Several Insider Transactions has been reported to the SEC. On Feb 18, 2016, Anthony L. Otten (CEO) purchased 1,500 shares at $2.34 per share price.Also, On Feb 9, 2015, James D. Villa (Senior Vice President) purchased 3,000 shares at $3.36 per share price.

Versar Inc. (Versar) is a global project management company. The Company provides a range of solutions to government and commercial clients in three business segments including Engineering and Construction Management (ECM) Environmental Services (ESG) and Professional Services (PSG). The Company operates in three business segments: ECM ESG and PSG. The ECM business segment performs Title I Design Services Title II Construction Management Services and Title III Construction Services. The ESG business segment provides full service environmental solutions and includes its remediation and compliance exposure and risk assessment natural resources unexploded ordnance (UXO)/military munitions response program (MMRP) air greenhouse gas energy and cultural resources services. The PSG business segment provides an array of environmental management planning and engineering services to the department of defense (DoD) installations and to the United States Department of Commerce.

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