The Vitec Group (LON:VTC) Stock Price Up 0.8% – Here’s What Happened

The Vitec Group plc (LON:VTCGet Free Report) shares shot up 0.8% on Thursday . The company traded as high as GBX 1,290 ($16.28) and last traded at GBX 1,290 ($16.28). 8,065 shares changed hands 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 Stock Performance

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

About The Vitec Group

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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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