Vecima Networks (TSE:VCM) Price Target Lowered to C$24.00 at Accountability Research

Vecima Networks (TSE:VCM – Free Report) had its price objective trimmed by Accountability Research from C$27.00 to C$24.00 in a report published on Friday morning,BayStreet.CA reports. Vecima Networks Stock Down 1.7 % Vecima Networks stock opened at C$17.20 on Friday. The company has a 50-day simple moving average of C$20.26 and a 200-day simple moving [...]

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Vecima Networks ( TSE:VCM – Free Report ) had its price objective trimmed by Accountability Research from C$27.00 to C$24.00 in a report published on Friday morning, BayStreet.

CA reports. Vecima Networks Stock Down 1.7 % Vecima Networks stock opened at C$17.



20 on Friday. The company has a 50-day simple moving average of C$20.26 and a 200-day simple moving average of C$20.

70. The firm has a market capitalization of C$418.13 million, a P/E ratio of 21.

50 and a beta of 0.63. The company has a debt-to-equity ratio of 29.

61, a quick ratio of 0.83 and a current ratio of 1.64.

Vecima Networks has a one year low of C$14.50 and a one year high of C$23.01.

Vecima Networks ( TSE:VCM – Get Free Report ) last released its quarterly earnings results on Thursday, September 19th. The company reported C$0.34 EPS for the quarter, missing the consensus estimate of C$0.

47 by C($0.13). The firm had revenue of C$87.

48 million for the quarter, compared to the consensus estimate of C$92.93 million. Vecima Networks had a return on equity of 8.

57% and a net margin of 6.66%. As a group, equities analysts expect that Vecima Networks will post 1.

1799065 earnings per share for the current year. Vecima Networks Dividend Announcement Insider Activity at Vecima Networks In related news, Senior Officer Richard Dean Rockwell sold 2,000 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$20.

58, for a total value of C$41,160.00. 57.

14% of the stock is currently owned by insiders. Vecima Networks Company Profile ( 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. Recommended Stories 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 .

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