ViXS Systems Lowered to Hold at Cantor Fitzgerald (VXS)
ViXS Systems (TSE:VXS) traded down 7.28% on Friday, hitting $1.40. The stock had a trading volume of 210,525 shares. ViXS Systems has a 52 week low of $1.26 and a 52 week high of $4.19. The stock’s 50-day moving average is $1.47 and its 200-day moving average is $2.53. The company has a P/E ratio of 1.45.
ViXS Systems (TSE:VXS) last released its earnings data on Friday, June 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.01.
Separately, analysts at BMO Capital Markets cut their price target on shares of ViXS Systems from C$3.50 to C$2.50 in a research note on Friday. They now have an “outperform” rating on the stock.
ViXS Systems Inc is a semiconductor company. The Company is a multimedia solutions provider, which provides technologies for processing, managing, securing and distributing video and audio allowing multimedia control, conversion, and connectivity between many classes and sizes of digital entertainment device.
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