Videndum (LON:VID) Reaches New 52-Week High at $1,556.00

Videndum Plc (LON:VIDGet Rating) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,556 ($18.80) and last traded at GBX 1,474 ($17.81), with a volume of 50913 shares. The stock had previously closed at GBX 1,446 ($17.47).

Wall Street Analysts Forecast Growth

VID has been the subject of a number of research analyst reports. Berenberg Bank increased their price target on Videndum from GBX 1,590 ($19.21) to GBX 1,735 ($20.96) and gave the stock a “buy” rating in a report on Wednesday, August 24th. Shore Capital reaffirmed a “buy” rating on shares of Videndum in a research report on Thursday, August 11th.

Videndum Trading Up 1.7 %

The business has a 50 day moving average price of GBX 1,358.28. 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 firm has a market capitalization of £679.92 million and a PE ratio of 2,493.10.

Videndum Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 22nd will be issued a dividend of GBX 15 ($0.18) per share. The ex-dividend date is Thursday, September 22nd. This represents a dividend yield of 1.12%. Videndum’s payout ratio is 60.34%.

Insider Transactions at Videndum

In other Videndum news, insider Erika Schraner purchased 3,805 shares of the firm’s stock in a transaction dated Thursday, August 25th. The stock was acquired at an average cost of GBX 1,453 ($17.56) per share, with a total value of £55,286.65 ($66,803.59).

Videndum Company Profile

(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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