VirTra Systems, Inc. (OTCMKTS:VTSI) Surges On News

[[tagnumber 0]][[tagnumber 1]]After going through a tough period in the middle of the year that left VirTra Systems, Inc. (OTCMKTS:VTSI) below the 10 cent mark we saw the ticker begin to reclaim some of the lost ground in the past month, a trend that continued into this month as well.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It is no wonder that we see [[tagnumber 6]]VTSI[[tagnumber 7]] going up at the moment and it might reach new heights. After all the company is in the business of providing use of force simulators and firearms training simulators, that would be needed even more after recent events. And although [[tagnumber 6]]VTSI[[tagnumber 7]] is barely traded we see that the company actually has a pretty decent balance sheet for an OTC entity.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 13]] [[tagnumber 14]]cash: $2.5 million[[tagnumber 15]] [[tagnumber 14]]current assets: $5.51 million[[tagnumber 15]] [[tagnumber 14]]current liabilities: $1.78 million[[tagnumber 15]] [[tagnumber 14]]quarterly revenues: $3.93 million[[tagnumber 15]] [[tagnumber 14]]quarterly net income: $988 thousand[[tagnumber 15]] [[tagnumber 24]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We rarely see a pink sheet company make that much in revenues and the fact that [[tagnumber 6]]VTSI[[tagnumber 7]] is even operating at a profit that is close to one million dollars is even more impressive. Meanwhile, the company’s market cap of $20 million seems rather small compared to other penny stocks that have far less to offer.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Over the past couple of months we have also seen several press releases coming from the company that announced multi–million dollar contracts. The latest one came out yesterday and managed to push [[tagnumber 6]]VTSI[[tagnumber 7]] 17.32% up the charts to a price of $0.128. Still, the 618 thousand shares that changed their owners generated only $80 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]VTSI[[tagnumber 7]] is still going up in today’s trading, but you should always be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]