Clay Mccreery Sells 800 Shares of Vecima Networks Inc. (TSE:VCM) Stock

Vecima Networks Inc. (TSE:VCM) Senior Officer Clay Mccreery sold 800 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of C$16.00, for a total transaction of C$12,800.00.

Clay Mccreery also recently made the following trade(s):

• On Wednesday, December 4th, Clay Mccreery sold 1,600 shares of Vecima Networks stock. The shares were sold at an average price of C$17.40, for a total transaction of C$27,840.00.

Vecima Networks Trading Up 3.3 %

TSE VCM opened at C$15.97 on Monday. The firm has a market capitalization of C$388.23 million, a PE ratio of 19.96 and a beta of 0.63. Vecima Networks Inc. has a one year low of C$14.50 and a one year high of C$23.01. The company has a 50-day simple moving average of C$17.20 and a 200-day simple moving average of C$19.64. The company has a debt-to-equity ratio of 29.61, a quick ratio of 0.83 and a current ratio of 1.64.

Vecima Networks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 1.38%. The ex-dividend date was Friday, November 22nd. Vecima Networks’s dividend payout ratio (DPR) is presently 27.50%.

Analysts Set New Price Targets

Separately, Accountability Research cut their target price on shares of Vecima Networks from C$27.00 to C$24.00 in a research note on Friday, November 15th.

About Vecima Networks

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.