The Vitec Group (LON:VTC) Shares Cross Above 200 Day Moving Average of $1,282.82

The Vitec Group plc (LON:VTCGet Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,282.82 ($15.72) and traded as high as GBX 1,290 ($15.81). The Vitec Group shares last traded at GBX 1,290 ($15.81), with a volume of 8,065 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Vitec Group in a research report on Tuesday, May 17th.

The Vitec Group Price Performance

The company has a market cap of £596.66 million and a price-to-earnings 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 stock’s 50-day simple moving average is GBX 1,288.24 and its 200 day simple moving average is GBX 1,282.82.

About The Vitec Group

(Get Rating)

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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