Vecima Networks (OTCMKTS:VNWTF) Trading Down 2% – What’s Next?

Vecima Networks Inc. (OTCMKTS:VNWTFGet Free Report)’s share price traded down 2% during mid-day trading on Wednesday . The company traded as low as $6.94 and last traded at $6.94. 100 shares changed hands during trading, a decline of 96% from the average session volume of 2,850 shares. The stock had previously closed at $7.0850.

Analyst Ratings Changes

Separately, B. Riley reaffirmed a “buy” rating on shares of Vecima Networks in a report on Friday, November 14th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Check Out Our Latest Report on Vecima Networks

Vecima Networks Price Performance

The stock’s 50-day moving average is $7.08 and its 200-day moving average is $7.28.

Vecima Networks Company Profile

(Get Free Report)

Vecima Networks Inc, headquartered in Victoria, British Columbia, is a technology company specializing in network content delivery, broadband access and wireless video solutions. Since its incorporation in 1988, the company has developed hardware and software platforms that enable cable operators, broadband service providers and enterprise customers to deploy high-performance video streaming, data transport and content management services.

The company’s product portfolio spans three key business segments.

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