Vecima Networks (OTCMKTS:VNWTF) Shares Down 0.5% – Here’s What Happened

Vecima Networks Inc. (OTCMKTS:VNWTFGet Free Report)’s share price dropped 0.5% during trading on Wednesday . The stock traded as low as $7.27 and last traded at $7.27. Approximately 261 shares were traded during trading, a decline of 70% from the average daily volume of 867 shares. The stock had previously closed at $7.30.

Analyst Upgrades and Downgrades

Separately, Raymond James reiterated an “outperform” rating on shares of Vecima Networks in a research report on Friday, May 16th.

Check Out Our Latest Report on VNWTF

Vecima Networks Trading Down 0.5%

The company’s fifty day moving average is $6.99 and its 200 day moving average is $8.61.

About Vecima Networks

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Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.

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