Vecima Networks (TSE:VCM) Reaches New 12-Month High – Should You Buy?

Vecima Networks Inc. (TSE:VCMGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$14.49 and last traded at C$13.09, with a volume of 3671 shares trading hands. The stock had previously closed at C$13.04.

Vecima Networks Stock Up 0.4%

The company has a market cap of C$318.28 million, a P/E ratio of -24.24 and a beta of 0.45. The company has a quick ratio of 0.83, a current ratio of 1.54 and a debt-to-equity ratio of 29.54. The business’s 50 day moving average is C$13.30 and its 200 day moving average is C$11.98.

Vecima Networks (TSE:VCMGet Free Report) last announced its earnings results on Thursday, May 14th. The company reported C$0.06 earnings per share (EPS) for the quarter. Vecima Networks had a negative return on equity of 6.16% and a negative net margin of 4.72%.The business had revenue of C$64.83 million for the quarter. As a group, equities analysts anticipate that Vecima Networks Inc. will post 1.1799065 earnings per share for the current fiscal year.

Vecima Networks Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 22nd were given a dividend of $0.055 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.22 dividend on an annualized basis and a yield of 1.7%. Vecima Networks’s dividend payout ratio (DPR) is presently -40.74%.

Vecima Networks Company Profile

(Get Free Report)

Vecima Networks Inc delivers scalable software, services, and integrated technologies for broadband access, content delivery, and telematics. The company operates in three segments: Video & Broadband Solutions, Content Delivery & Storage, and Telematics. The Video & Broadband Solutions segment delivers scalable, flexible broadband and video networks for cable and telecommunications operators to meet tomorrow’s bandwidth demands. The Content Delivery & Storage segment develops advanced applications that protect, transform, and deliver visual media.

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.