Vecima Networks Stock Today

VCM Stock  CAD 20.20  0.10  0.49%   

Performance

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Odds Of Distress

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Vecima Networks is selling at 20.20 as of the 6th of October 2024; that is 0.49% down since the beginning of the trading day. The stock's open price was 20.3. Vecima Networks has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Vecima Networks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of July 2024 and ending today, the 6th of October 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. The company has 24.31 M outstanding shares of which 5.86 K shares are at this time shorted by private and institutional investors with about 5.53 days to cover all short positions. More on Vecima Networks

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Vecima Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Vecima Networks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vecima Networks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOSumit Kumar
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Vecima Networks' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Vecima Networks' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Vecima Networks can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Vecima Networks' financial leverage. It provides some insight into what part of Vecima Networks' total assets is financed by creditors.
Liquidity
Vecima Networks cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Vecima Networks has accumulated 53 M in total debt with debt to equity ratio (D/E) of 1.1, which is about average as compared to similar companies. Vecima Networks has a current ratio of 4.99, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Vecima Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Vecima Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vecima Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vecima to invest in growth at high rates of return. When we think about Vecima Networks' use of debt, we should always consider it together with cash and equity.

Net Income

12.07 Million
Vecima Networks (VCM) is traded on Toronto Exchange in Canada and employs 608 people. Vecima Networks is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 491.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vecima Networks's market, we take the total number of its shares issued and multiply it by Vecima Networks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Vecima Networks operates under Communications Equipment sector and is part of Information Technology industry. The entity has 24.31 M outstanding shares of which 5.86 K shares are at this time shorted by private and institutional investors with about 5.53 days to cover all short positions. Vecima Networks has accumulated about 0 in cash with 2.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.11.
Check Vecima Networks Probability Of Bankruptcy
Ownership Allocation
Vecima Networks shows a total of 24.31 Million outstanding shares. Vecima Networks maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Vecima Ownership Details

Vecima Networks Risk Profiles

Although Vecima Networks' alpha and beta are two of the key measurements used to evaluate Vecima Networks' performance over the market, the standard measures of volatility play an important role as well.

Vecima Stock Against Markets

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Vecima Networks Corporate Management

Elected by the shareholders, the Vecima Networks' board of directors comprises two types of representatives: Vecima Networks inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vecima. The board's role is to monitor Vecima Networks' management team and ensure that shareholders' interests are well served. Vecima Networks' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vecima Networks' outside directors are responsible for providing unbiased perspectives on the board's policies.
Dan GledhillVP SalesProfile
David HobbVP OperationsProfile
Heather AsherGeneral SecretaryProfile
Laird FroeseSenior SolutionsProfile
Paul BoucherVicePres SalesProfile
AnneMarie DeSouzaHead CommunicationsProfile

Other Information on Investing in Vecima Stock

Vecima Networks financial ratios help investors to determine whether Vecima Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vecima with respect to the benefits of owning Vecima Networks security.