Vicon Industries, Inc. (NYSEMKT:VII) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

Shares of Vicon Industries (NYSEMKT:VII) traded down 12.453% on Friday, reaching $0.464. 276,766 shares of the company were exchanged. The company has a 50-day moving average price of $0.45 and a 200 day moving average price of $0.48. Vicon Industries has a 1-year low of $0.26 and a 1-year high of $0.99. The stock’s market capitalization is $4.34 million.

Vicon Industries (NYSEMKT:VII) last issued its quarterly earnings data on Monday, August 14th. The industrial products company reported ($0.15) earnings per share (EPS) for the quarter. Vicon Industries had a negative net margin of 18.93% and a negative return on equity of 108.67%. The firm had revenue of $7.38 million during the quarter.

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A hedge fund recently bought a new stake in Vicon Industries stock. Virtu KCG Holdings LLC bought a new stake in shares of Vicon Industries, Inc. (NYSEMKT:VII) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 234,491 shares of the industrial products company’s stock, valued at approximately $137,000. Virtu KCG Holdings LLC owned approximately 2.51% of Vicon Industries at the end of the most recent quarter.

About Vicon Industries

Vicon Industries, Inc develops video management software. The Company designs, assembles and markets a range of video systems and system components, including cameras, network video servers/recorders, encoders and mass storage units, which are used in security, surveillance, safety and control applications.

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