Sandvine Corporation Stock Is Crashing Now

 Sandvine Corporation Stock Is Crashing Now

The stock of Sandvine Corporation (TSE:SVC) is a huge mover today! About 134,622 shares traded hands. Sandvine Corporation (TSE:SVC) has risen 15.25% since April 21, 2016 and is uptrending. It has outperformed by 9.84% the S&P500.
The move comes after 6 months negative chart setup for the $449.15M company. It was reported on Nov, 25 by We have $2.99 PT which if reached, will make TSE:SVC worth $31.44M less.

Sandvine Corporation (TSE:SVC) Ratings Coverage

Out of 5 analysts covering Sandvine Corporation (TSE:SVC), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $4.70 is the highest target while $3 is the lowest. The $3.89 average target is 20.81% above today’s ($3.22) stock price. Sandvine Corporation has been the topic of 20 analyst reports since September 10, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of SVC in a report on Friday, July 8 with “Outperform” rating. The company was upgraded on Friday, October 7 by Desjardins Securities. The company was maintained on Friday, October 7 by Scotia Capital. Scotia Capital upgraded the stock to “Outperform” rating in Friday, July 8 report. The stock has “Buy” rating given by TD Securities on Friday, October 7. On Friday, July 8 the stock rating was maintained by Desjardins Securities with “Buy”. The company was maintained on Friday, July 8 by TD Securities. The stock of Sandvine Corporation (TSE:SVC) has “Outperform” rating given on Friday, October 9 by RBC Capital Markets.

More important recent Sandvine Corporation (TSE:SVC) news were published by: which released: “Why Sandvine Corporation Shares Surged” on April 10, 2014, also published article titled: “Sandvine Corp.”, published: “Sandvine Corp’s (SNVNF) CEO Dave Caputo on Q2 2016 Results – Earnings Call …” on July 07, 2016. More interesting news about Sandvine Corporation (TSE:SVC) was released by: and their article: “Sandvine Corp’s (SNVNF) CEO David Caputo on Q1 2016 Results – Earnings Call …” with publication date: April 07, 2016.

Sandvine Corporation develops and markets Network Policy Control solutions for communications service providers. The company has a market cap of $449.15 million. The Company’s Network Policy Control solutions consists a hardware platform and software modules that are bundled together to provide a system for broadband communications service providers to identify , report on and take action on the data traversing their networks. It has a 9.75 P/E ratio. The Company’s hardware platform, Policy Traffic Switch (PTS) product line includes over three hardware models, the PTS 22000, PTS 24000 and PTS 32000.

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