Vicon Industries, Inc. (VII) Rating Reiterated by Scotiabank
Vicon Industries, Inc. (NYSEMKT:VII)‘s stock had its “buy” rating reiterated by stock analysts at Scotiabank in a note issued to investors on Tuesday. They presently have a $27.00 price objective on the industrial products company’s stock.
Separately, ValuEngine upgraded shares of Vicon Industries from a “sell” rating to a “hold” rating in a research report on Friday, September 1st.
Vicon Industries (VII) opened at 0.392 on Tuesday. Vicon Industries has a one year low of $0.26 and a one year high of $0.99. The firm has a 50-day moving average of $0.41 and a 200-day moving average of $0.48. The company’s market cap is $3.66 million.
Vicon Industries (NYSEMKT:VII) last issued its earnings results on Monday, August 14th. The industrial products company reported ($0.15) earnings per share for the quarter. Vicon Industries had a negative net margin of 18.93% and a negative return on equity of 108.67%. The business had revenue of $7.38 million for the quarter.
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 2nd quarter, according to its most recent filing with the SEC. 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 as of its most recent filing with the SEC.
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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