Vecima Networks (VCM) Given New C$8.60 Price Target at Pi Financial
TSE VCM traded up C$0.07 during trading hours on Friday, hitting C$8.47. 4,500 shares of the company were exchanged, compared to its average volume of 5,752. The company has a debt-to-equity ratio of 1.18, a quick ratio of 4.47 and a current ratio of 5.43. Vecima Networks has a 52-week low of C$8.19 and a 52-week high of C$10.12.
Vecima Networks (TSE:VCM) last issued its quarterly earnings results on Thursday, November 8th. The company reported C($0.05) earnings per share for the quarter. The business had revenue of C$21.30 million during the quarter. Sell-side analysts expect that Vecima Networks will post 0.44 EPS for the current fiscal year.
About Vecima Networks
Vecima Networks Inc provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company designs, manufactures, and sells products that enable broadband access to cable, wireless, and telephony networks. Its solutions allow service providers to bridge the final network segment that connects a system directly to end-users, commonly referred to as the the last mile', by overcoming the bottleneck resulting from insufficient carrying capacity in last-mile infrastructures.
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