VASCO Data Security International (VDSI) : Analyst Rating Update

VASCO Data Security International (VDSI) : Zacks Investment Research ranks VASCO Data Security International (VDSI) as 3, which is a Hold recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 1 research analysts is 2, which indicates as a Buy.

VASCO Data Security International (NASDAQ:VDSI): The stock opened at $15.70 on Wednesday but the bulls could not build on the opening and the stock topped out at $15.70 for the day. The stock traded down to $15.29 during the day, due to lack of any buying support eventually closed down at $15.34 with a loss of -2.48% for the day. The stock had closed at $15.73 on the previous day. The total traded volume was 432,302 shares.

Also, Major Brokerage house, Sidoti & Co. reinstates its ratings on VASCO Data Security International (NASDAQ:VDSI). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 23, 2016. The company shares have dropped -41.31% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $29.11 and the one year low was seen on Feb 17, 2016. The 50-Day Moving Average price is $16.53 and the 200 Day Moving Average price is recorded at $15.85.

VASCO Data Security International, Inc. (VASCO) is an IT security company. The Company, through its operating subsidiaries, designs, develops and markets security solutions that secure and manage access to digital assets and protect transactions. Its products enable secure financial transactions over private enterprise networks and public networks, such as the Internet. The Companys user authentication is delivered through its hardware and software DIGIPASS security products (DIGIPASSES), many of which incorporate an electronic and digital signature capability, which further protects the integrity of electronic transactions and data transmissions. VASCOs primary product and service lines include three categories of solutions: Host System products, which is typically a component of an organizations IT infrastructure; Client Authenticators, which are devices used by end users for authentication, and Developer Tools, which are used by application developers.

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