VSE Corporation (VSEC) Plunges 5.68% on March 06

VSE Corporation (VSEC) Plunges 5.68% on March 06

VSE Corporation (VSEC) had a rough trading day for Wednesday March 06 as shares tumbled 5.68%, or a loss of $-1.97 per share, to close at $32.71. After opening the day at $34.62, shares of VSE Corporation traded as high as $34.70 and as low as $32.49. Volume was 26,095 shares over 328 trades, against an average daily volume of n/a shares and a total float of 10.88 million.

As a result of the decline, VSE Corporation now has a market cap of $355.92 million.

The stock has a P/E Ratio of 8.8.

VSE is a United States-based company that operates through three segments. The supply-chain management group provides sourcing, logistics, data management, and other services to help clients with supply-chain management efforts. The aviation group provides parts, supply-chain solutions, and other services for aviation jet aircraft engines and engine accessories. The federal services group provides military sale, refurbishment, and various other services to the U.S. Army and other customers along with providing technical and consulting services. The United States Postal Service and U.S. Department of Defense are the company’s largest customers, jointly accounting for the majority of the company’s sales.

VSE Corporation is based out of Alexandria, VA and has some 2,306 employees. Its CEO is Maurice A. Gauthier.

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