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Video: What is a Stock Split?
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VirTra is a provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, and commercial markets. Co.'s patented technologies, software, and scenarios provide training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. Co.'s VirTra firearms training simulator allows marksmanship and realistic scenario-based training to take place on a daily basis without the need for a shooting range, protective equipment, role players, safety officers, or a scenario-based training site. Co. has developed a standard in simulation training. According to our VTSI split history records, VirTra has had 1 split. | |
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VirTra (VTSI) has 1 split in our VTSI split history database. The split for VTSI took place on March 02, 2018. This was a 1 for 2 reverse split, meaning for each 2 shares of VTSI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split.
When a company such as VirTra conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the VTSI split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into VirTra shares, starting with a $10,000 purchase of VTSI, presented on a split-history-adjusted basis factoring in the complete VTSI split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$0.13 |
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End price/share: |
$13.20 |
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Dividends collected/share: |
$0.00 |
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Total return: |
10,053.85% |
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Average Annual Total Return: |
58.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,015,290.13 |
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Years: |
10.00 |
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Date |
Ratio |
03/02/2018 | 1 for 2 |
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