Thanks to a better fundamental star rating, VIRTUSA sees an upgrade to Neutral
The independent financial analyst theScreener just awarded an improved star rating to VIRTUSA (US), active in the Computer Services industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date January 5, 2021, the closing price was USD 51.15 and its expected value was estimated at USD 50.47.Virtusa is a provider of digital engineering and information technology (IT) outsourcing services. The company's services include: Business and IT consulting services, which provide business and IT consulting services to assist its clients in managing their business and IT environments, and aligning their IT investments; Technology implementation services, which involve building, testing, deploying, maintaining and supporting IT applications, and consolidating and rationalizing its clients' existing IT applications and environments into platforms; and Application outsourcing services, which provide support for its clients' needs to manage and maintain their software applications and platforms.
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