Vecima Networks Inc. (TSE:VCM) Senior Officer Richard Dean Rockwell Sells 2,000 Shares

Vecima Networks Inc. (TSE:VCM) Senior Officer Richard Dean Rockwell sold 2,000 shares of Vecima Networks stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$20.58, for a total transaction of C$41,160.00.

Vecima Networks Stock Down 0.2 %

Shares of VCM stock traded down C$0.04 on Tuesday, hitting C$20.16. The company’s stock had a trading volume of 6,120 shares, compared to its average volume of 3,444. The company has a debt-to-equity ratio of 29.61, a current ratio of 1.64 and a quick ratio of 0.83. Vecima Networks Inc. has a fifty-two week low of C$14.50 and a fifty-two week high of C$23.01. The firm’s fifty day moving average price is C$20.95 and its 200-day moving average price is C$21.02. The stock has a market capitalization of C$490.09 million, a price-to-earnings ratio of 25.20 and a beta of 0.63.

Vecima Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 4th. Investors of record on Friday, October 11th will be paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Friday, October 11th. Vecima Networks’s payout ratio is presently 27.50%.

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.