Sandvine (SVC) Scheduled to Post Quarterly Earnings on Thursday
Sandvine (TSE:SVC) will announce its Q4 earnings results before the market opens on Thursday, January 9th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of Sandvine (TSE:SVC) opened at 2.87 on Wednesday. Sandvine has a 52 week low of $1.52 and a 52 week high of $3.09. The stock has a 50-day moving average of $2.75 and a 200-day moving average of $2.3. The company has a market cap of $397.0 million and a price-to-earnings ratio of 30.62.
A number of research firms have recently commented on SVC. Analysts at Canaccord Genuity upgraded shares of Sandvine to a “focus list” rating in a research note to investors on Tuesday, December 3rd. They now have a C$3.50 price target on the stock, up previously from C$3.00. Analysts at CIBC reiterated a “sector outperform” rating on shares of Sandvine in a research note to investors on Monday, December 2nd. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$3.03.
Sandvine Corporation develops and markets Network Policy Control solutions for high-speed or broadband Internet service providers.
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