Axia Netmedia Announces Dividend of C$0.01 (AXX)
Axia Netmedia (TSE:AXX) announced a dividend on Monday, January 13th, Stock Ratings Network reports. Investors of record on Wednesday, January 29th will be paid a dividend of 0.01 per share on Wednesday, January 29th. This represents a dividend yield of 0.4%. The ex-dividend date is Monday, January 13th.
On a related note, analysts at National Bank Financial upgraded shares of Axia Netmedia from a “sector perform” rating to an “outperform” rating in a research note to investors on Wednesday, November 13th. They now have a C$3.00 price target on the stock, up previously from C$2.00.
Axia Netmedia (TSE:AXX) opened at 2.50 on Monday. Axia Netmedia has a one year low of $1.11 and a one year high of $2.75. The stock has a 50-day moving average of $2.50 and a 200-day moving average of $2.03. The company has a market cap of $156.0 million and a price-to-earnings ratio of 125.00.
Axia Netmedia (TSE:AXX) last posted its earnings data on Tuesday, November 12th. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.01 by $0.02. Analysts expect that Axia Netmedia will post $0.14 EPS for the current fiscal year.
Axia NetMedia Corporation (TSE:AXX) is engaged in delivering critical fibre optic enabled services.
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