Scotiabank Reaffirms “Buy” Rating for Vicon Industries, Inc. (VII)

Scotiabank reaffirmed their buy rating on shares of Vicon Industries, Inc. (NYSEMKT:VII) in a research report report published on Tuesday. Scotiabank currently has a $27.00 price target on the industrial products company’s stock.

Separately, ValuEngine raised shares of Vicon Industries from a sell rating to a hold rating in a report on Friday, September 1st.

Vicon Industries (VII) opened at 0.382 on Tuesday. The stock’s market cap is $3.57 million. Vicon Industries has a 52 week low of $0.26 and a 52 week high of $0.99. The company has a 50-day moving average price of $0.41 and a 200-day moving average price of $0.48.

Vicon Industries (NYSEMKT:VII) last announced its earnings results on Monday, August 14th. The industrial products company reported ($0.15) EPS for the quarter. Vicon Industries had a negative net margin of 18.93% and a negative return on equity of 108.67%. The business had revenue of $7.38 million during the quarter.

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A hedge fund recently bought a new stake in Vicon Industries stock. Virtu KCG Holdings LLC bought a new stake in Vicon Industries, Inc. (NYSEMKT:VII) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 234,491 shares of the industrial products company’s stock, valued at approximately $137,000. Virtu KCG Holdings LLC owned approximately 2.51% of Vicon Industries at the end of the most recent quarter.

Vicon Industries Company Profile

Vicon Industries, Inc develops video management software. The Company designs, assembles and markets a range of video systems and system components, including cameras, network video servers/recorders, encoders and mass storage units, which are used in security, surveillance, safety and control applications.

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