Closing Bell: Vecima Networks Inc up on Friday (VCM)

Today in trading, Vecima Networks Inc opened at $21.75 and closed at $22.10. prices ranged from $21.53 to $22.10.

Shares raised 2.79% from the previous day's close of $21.50.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

Vecima Networks Inc traded under VCM on the Toronto Stock Exchange (TSX).

A total of 4,500 shares was traded during the last trading day, with total trades of 15, with an average volume of 4,189 over the last 5 days.

Trading across the entire TSX saw 1,821 price advancers against 3,352 declines and 121 unchanged.

During the prior 52 weeks, VCM.TO has traded as high as $23.01 (May 15,2024) and low as $14.50 (February 12,2024). Moreover, in the last 12 months, Vecima Networks Inc's shares have advanced 19.33 percent, while they have advanced 35.17% year-to-date.

It announced a 0.06 dividend on May 14/24, with an May 23/24 ex-date and June 17/24 pay day.

Following today's trading, Vecima Networks Inc has a market capitalization of $522.70 million on a float of 24,312 shares outstanding. Its annual EPS is $0.67.

Vecima Networks Inc is a TSX Communication Equipment company headquartered in Victoria, CAN.

Currently, Vecima Networks Inc's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. From those 4 analysts, 4 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..