Share on StockTwits

ViXS Systems (TSE:VXS) was downgraded by research analysts at Cantor Fitzgerald to a “hold” rating in a report released on Friday.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.