VCM TOR Week ended 24 Jul 2026

Weekly Investor Report

Vecima Networks Inc. · Technology · Communication Equipment

Latest close 13.24 CAD
6.8% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 7.6% above the Trend Line and sits at 76.7% of its 52-week range. The latest completed week returned 6.8%, after a 1.5% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 53/100.

Setup score 59 out of 100
Latest Close 13.24 CAD 24 Jul 2026
1W Return 6.8% latest completed week
4W Return 1.5% short-term follow-through
12W Return 0.5% quarterly tape
Trend Breadth 63.5% 33 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
What is working
  • The trend backdrop is active with a 24-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is constructive, supporting the smart-money activity read.
  • Latest weekly return ranks in the strongest part of its sector group.
What could go wrong
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Activity pressure is negative, which weakens the current setup.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 7.6% above the Trend Line and sits at 76.7% of its 52-week range. The latest completed week returned 6.8%, after a 1.5% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8212-week average 0.96

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure6/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership11/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.82Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 1.5% over four weeks, 0.5% over 12 weeks, and 28.6% over one year. The current trend has remained active for 24 consecutive weeks.

Performance by holding period

1W6.8%
4W1.5%
12W0.5%
26W35.7%
52W28.6%
Active trend streak24 weeks
Active weeks in one year33
Trend breadth63.5%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.82Latest activity-pressure read.
Pressure change-89.1%Four-week change in activity pressure.
Leadership6.38Latest relative-leadership reading.
RS change12.2%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 30 Jun 2025 Field coverage 88% Model confidence 84%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength58/100Blend of value, momentum, and quality. Underlying universe rank 43; rank 1 is best.
Value71/100Relative valuation strength. Underlying universe rank 30; rank 1 is best.
Quality12/100Profitability and accounting quality. Underlying universe rank 89; rank 1 is best.
Momentum64/100Medium-term price momentum. Underlying universe rank 37; rank 1 is best.
Growth24/100Revenue and earnings growth. Underlying universe rank 77; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
1.2x
Market value relative to trailing revenue.
EV / EBITDA
20.6x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
4.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
40.4%
Gross profit retained from each unit of revenue.
Operating margin
-1.3%
Operating profit retained from revenue.
Free-cash-flow margin
5.5%
Free cash flow generated from revenue.
Return on invested capital
-1.0%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-1.8%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
4/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
1.7%
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
1.7%
Dividend yield plus net buyback yield.
Net debt / EBITDA
3.2x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment53/100

Weighted news tone is neutral across 9 relevant articles.

2 positive · 7 neutral · 0 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-8.6%Distance below the 52-week high.
13-week volatility2.8%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher18 of 267 weeks finished lower.
Best week+9.9%Week of 13 Feb.
Worst week-4.1%Week of 12 Jun.
Latest week+6.8%Week of 24 Jul.

Shape of recent returns

Strong gains5
Modest gains13
Flat weeks1
Modest losses6
Sharp losses1
Recent vol2.8%13-week weekly-return volatility.
Base vol3.3%52-week weekly-return volatility.
Up/down split28/21Count of positive and negative weeks in the 52-week window.
Average skew2.6% / -2.2%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202613.24 CAD6.8%12.31 CAD14.36 CAD-0.826.3821.0KOn
17 Jul 202612.40 CAD-2.7%12.21 CAD14.38 CAD-0.86-0.078.0KOn
10 Jul 202612.74 CAD-0.4%12.11 CAD14.42 CAD-0.732.3112.0KOn
3 Jul 202612.79 CAD-1.9%12.01 CAD14.44 CAD-0.652.7620.2KOn
26 Jun 202613.04 CAD-1.2%11.91 CAD14.47 CAD-0.445.6918.7KOn
19 Jun 202613.20 CAD0.5%11.81 CAD14.49 CAD-0.117.280On
12 Jun 202613.14 CAD-4.1%11.70 CAD14.52 CAD0.196.96900On
5 Jun 202613.70 CAD-2.1%11.59 CAD14.54 CAD0.5513.272.7KOn
29 May 202613.99 CAD4.1%11.46 CAD14.56 CAD0.9314.6415.5KOn
22 May 202613.44 CAD1.1%11.33 CAD14.59 CAD1.0811.2015.1KOn
15 May 202613.29 CAD0.8%11.21 CAD14.62 CAD1.2012.0614.0KOn
8 May 202613.19 CAD0.1%11.10 CAD14.65 CAD1.4210.53134.6KOn
1 May 202613.18 CAD2.1%11.01 CAD14.69 CAD1.3411.0217.1KOn
24 Apr 202612.91 CAD-2.7%10.90 CAD14.74 CAD1.368.656.2KOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.