Vecima Networks (TSE:VCM - Get Free Report) had its price objective lifted by equities research analysts at B. Riley from C$15.00 to C$17.00 in a research report issued to clients and investors on Friday,
BayStreet.CA reports. B. Riley's price target points to a potential upside of 65.21% from the company's previous close.
Vecima Networks Stock Performance
Shares of VCM stock traded down C$0.21 during mid-day trading on Friday, reaching C$10.29. 2,412 shares of the company's stock traded hands, compared to its average volume of 4,073. The firm has a market capitalization of C$250.20 million, a PE ratio of 68.60 and a beta of 0.48. The company has a debt-to-equity ratio of 22.94, a quick ratio of 0.83 and a current ratio of 1.73. The firm has a 50 day moving average price of C$10.31 and a two-hundred day moving average price of C$10.08. Vecima Networks has a 12 month low of C$8.43 and a 12 month high of C$21.09.
About Vecima Networks
(
Get Free Report)
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.
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