Vecima Networks (OTCMKTS:VNWTF) Trading Down 5.1% – Should You Sell?

Vecima Networks Inc. (OTCMKTS:VNWTFGet Free Report) shares fell 5.1% during mid-day trading on Friday . The company traded as low as $10.34 and last traded at $10.34. 100 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 470 shares. The stock had previously closed at $10.89.

Vecima Networks Stock Performance

The company has a 50 day moving average price of $14.11 and a 200 day moving average price of $15.04.

Vecima Networks Company Profile

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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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