The Vitec Group (LON:VTC) Trading 0.8% Higher – Time to Buy?

The Vitec Group plc (LON:VTCGet Free Report) shot up 0.8% during mid-day trading on Thursday . The stock traded as high as GBX 1,290 ($16.28) and last traded at GBX 1,290 ($16.28). 8,065 shares were traded during trading, a decline of 75% from the average session volume of 32,276 shares. The stock had previously closed at GBX 1,280 ($16.16).

The Vitec Group Price Performance

The firm has a market capitalization of £596.66 million and a P/E ratio of 23.67. The company has a quick ratio of 0.60, a current ratio of 1.41 and a debt-to-equity ratio of 89.82. The business’s 50 day moving average is GBX 1,290 and its 200-day moving average is GBX 1,290.

About The Vitec Group

(Get Free Report)

Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.

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