TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Vitreous Glass ( (TSE:VCI) ) just unveiled an announcement.
Vitreous Glass Inc. announced the grant of 745 deferred share units (DSUs) to an independent director as a non-cash settlement for dividends on previously issued DSUs. This move reflects the company’s ongoing commitment to aligning director compensation with shareholder interests, potentially enhancing its governance practices and market perception.
The most recent analyst rating on (TSE:VCI) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Vitreous Glass stock, see the TSE:VCI Stock Forecast page.
Spark’s Take on TSE:VCI Stock
According to Spark, TipRanks’ AI Analyst, TSE:VCI is a Outperform.
Vitreous Glass scores well due to its strong financial performance, characterized by high profitability and efficient cash flow management. The valuation is attractive with a reasonable P/E ratio and a solid dividend yield. Technical analysis shows a positive trend, but limited momentum and potential overbought conditions temper the outlook.
To see Spark’s full report on TSE:VCI stock, click here.
More about Vitreous Glass
Vitreous Glass Inc. operates in the recycling industry, focusing on the processing and sale of recycled glass products. The company is known for its innovative approach to glass recycling and serves a market that emphasizes sustainability and environmental responsibility.
Average Trading Volume: 2,470
Technical Sentiment Signal: Buy
Current Market Cap: C$38.97M
For a thorough assessment of VCI stock, go to TipRanks’ Stock Analysis page.