Vecima Networks Inc. (OTCMKTS:VNWTF – Get Free Report) was up 13.2% on Friday . The stock traded as high as $8.00 and last traded at $8.00. Approximately 600 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 1,600 shares. The stock had previously closed at $7.07.
Wall Street Analyst Weigh In
Separately, B. Riley Financial reissued a “buy” rating on shares of Vecima Networks in a research note on Friday, November 14th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.
View Our Latest Analysis on VNWTF
Vecima Networks Trading Up 13.2%
Vecima Networks Company Profile
Vecima Networks Inc, headquartered in Victoria, British Columbia, is a technology company specializing in network content delivery, broadband access and wireless video solutions. Since its incorporation in 1988, the company has developed hardware and software platforms that enable cable operators, broadband service providers and enterprise customers to deploy high-performance video streaming, data transport and content management services.
The company’s product portfolio spans three key business segments.
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