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

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

In today's trading, Vecima Networks Inc opened at $22.10 and closed at $22.10. Intraday prices ranged from $22.09 to $22.10.

The price boosted 1.75% from the previous day's close of $21.72.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Vecima Networks Inc has listed on the Toronto Stock Exchange (TSX) under the ticker VCM.

Trading volume was 2,300 on 6 total trades. On average, Vecima Networks Inc has traded 3,503 shares over the last 5-days and 3,991 year-to-date.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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, the shares have boosted 21.90 percent in the last 52 weeks, while in 2024, they have boosted 35.17%.

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 $528.05 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.

Vecima Networks Inc's average recommendation is "Moderate Buy" based on 4.00 analysts according to Zacks. Currently, there are 4 buy ratings for the stock.

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..