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Virtusa Corporation (VRTU) operates as an information technology (IT) services company.
It offers business and IT consulting services comprising advisory/target operating model, business process re-engineering/BPM, transformational solution consulting, and business/technology alignment analysis; omni-channel digital strategy, experience design ASD, and employee engagement; and application portfolio rationalization, SDLC transformation, and BA competency transformation services.
The company also provides technology implementation services, such as application development, software product engineering, CRM and SAP implementation, content management, enterprise mobility, cloud computing, and social media solutions; systems consolidation and rationalization, technology migration and porting, and legacy application Web-enablement; data management, business intelligence, reporting and decision support, master data management, data integration, and big data analytics; and software quality assurance and managed testing services.
In addition, it offers application outsourcing services, such as the application maintenance and support, maintenance and enhancement of applications, and cloud-environment management and support; managed infrastructure services, and remote application monitoring and support; and IT efficiency improvement services.
Further, the company offers digital transformation and innovation; operational excellence; and transformational solutions. Virtusa Corporation provides its services to communications and technology; banking, financial services, and insurance; and media and information industries worldwide.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.
Entry Point: $51.00
Stop Loss: $48.40
52-weeks Trading Range: $25.72 - $52.88
Target Price: $56.10
VRTU closed at $45.60
