Jefferies Financial Group Reiterates “Buy” Rating for Videndum (LON:VID)

Videndum (LON:VID)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 425 ($5.37) price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 103.84% from the company’s current price.

Separately, Shore Capital restated a “hold” rating on shares of Videndum in a report on Friday.

Videndum Trading Down 19.8 %

Shares of VID traded down GBX 51.50 ($0.65) during trading hours on Monday, hitting GBX 208.50 ($2.63). The stock had a trading volume of 805,171 shares, compared to its average volume of 121,559. The firm has a market cap of £196.39 million, a P/E ratio of -484.88 and a beta of 1.00. The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91. The company’s fifty day simple moving average is GBX 260.49 and its 200 day simple moving average is GBX 291.54. Videndum has a 12-month low of GBX 205.50 ($2.59) and a 12-month high of GBX 362.50 ($4.58).

Insider Buying and Selling at Videndum

In related news, insider Stephen C. Harris bought 21,033 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average price of GBX 238 ($3.01) per share, for a total transaction of £50,058.54 ($63,205.23). Insiders own 5.55% of the company’s stock.

About Videndum

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