Vitec Group (VTC) Sets New 1-Year High at $1,425.00
Vitec Group plc (LON:VTC)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 1,425 ($18.56) and last traded at GBX 1,405 ($18.30), with a volume of 8715 shares changing hands. The stock had previously closed at GBX 1,410 ($18.37).
Several brokerages have recently weighed in on VTC. Berenberg Bank upped their price objective on shares of Vitec Group from GBX 1,420 ($18.50) to GBX 1,500 ($19.54) and gave the company a “buy” rating in a report on Monday. Peel Hunt reiterated a “buy” rating on shares of Vitec Group in a report on Tuesday, September 18th.
The firm also recently announced a dividend, which will be paid on Friday, October 19th. Stockholders of record on Thursday, September 20th will be given a dividend of GBX 11.50 ($0.15) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, September 20th.
The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional images for the broadcast, cinematic, pro-video, and photographic applications worldwide. The company operates in three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.
Featured Article: Relative Strength Index
Receive News & Ratings for Vitec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vitec Group and related companies with MarketBeat.com's FREE daily email newsletter.