Videndum’s (VID) “Buy” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Videndum (LON:VID) in a research note issued to investors on Monday, MarketBeat reports. Jefferies Financial Group currently has a GBX 425 ($5.39) price target on the stock.

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

Videndum Trading Down 19.9 %

Shares of LON VID opened at GBX 205 ($2.60) on Monday. The stock has a market capitalization of £193.09 million, a PE ratio of -484.88 and a beta of 1.00. The stock has a fifty day simple moving average of GBX 260.49 and a 200-day simple moving average of GBX 291.54. Videndum has a twelve month low of GBX 204 ($2.59) and a twelve month high of GBX 362.50 ($4.60). The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44.

Insiders Place Their Bets

In related news, insider Stephen C. Harris purchased 21,033 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of GBX 238 ($3.02) per share, for a total transaction of £50,058.54 ($63,509.95). Corporate insiders own 5.55% of the company’s stock.

Videndum Company Profile

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.