Vecima Networks Inc. (TSE:VCM – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$21.02 and traded as high as C$21.09. Vecima Networks shares last traded at C$20.20, with a volume of 1,600 shares trading hands.
Vecima Networks Stock Up 1.8 %
The firm has a 50-day simple moving average of C$20.69 and a two-hundred day simple moving average of C$21.01. The company has a market cap of C$478.91 million, a PE ratio of 24.63 and a beta of 0.63. The company has a debt-to-equity ratio of 29.61, a current ratio of 1.64 and a quick ratio of 0.83.
Vecima Networks (TSE:VCM – Get Free Report) last posted its quarterly earnings data on Thursday, September 19th. The company reported C$0.34 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.47 by C($0.13). The firm had revenue of C$87.48 million during the quarter, compared to analyst estimates of C$92.93 million. Vecima Networks had a net margin of 6.66% and a return on equity of 8.57%. Research analysts anticipate that Vecima Networks Inc. will post 1.1799065 earnings per share for the current fiscal year.
Vecima Networks Announces Dividend
Insider Buying and Selling
In other Vecima Networks news, Senior Officer Richard Dean Rockwell sold 2,000 shares of Vecima Networks stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$20.58, for a total value of C$41,160.00. Corporate insiders own 57.14% of the company’s stock.
About Vecima Networks
Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.
Read More
- Five stocks we like better than Vecima Networks
- Why Are These Companies Considered Blue Chips?
- Texas Roadhouse Stock Steering for New Highs This Year
- Are Penny Stocks a Good Fit for Your Portfolio?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Stock Dividend Cuts Happen Are You Ready?
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Vecima Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vecima Networks and related companies with MarketBeat.com's FREE daily email newsletter.