Videndum (LON:VID) Given Buy Rating at Jefferies Financial Group

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

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

Videndum Price Performance

Shares of Videndum stock traded down GBX 51.50 ($0.65) during midday trading on Monday, hitting GBX 208.50 ($2.63). 805,171 shares of the company traded hands, compared to its average volume of 121,559. The firm’s fifty day moving average price is GBX 260.49 and its 200-day moving average price 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). The stock has a market cap of £196.39 million, a price-to-earnings 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.

Insiders Place Their Bets

In related news, insider Stephen C. Harris acquired 21,033 shares of the stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of GBX 238 ($3.01) per share, with a total value of £50,058.54 ($63,205.23). 5.55% of the stock is owned by corporate insiders.

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.