The Vitec Group (LON:VTC) Stock Passes Above 200-Day Moving Average – Should You Sell?

The Vitec Group plc (LON:VTCGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,290 ($16.37) and traded as high as GBX 1,290 ($16.37). The Vitec Group shares last traded at GBX 1,290 ($16.37), with a volume of 8,065 shares changing hands.

The Vitec Group Stock Performance

The firm has a market capitalization of £596.66 million and a price-to-earnings ratio of 23.67. The company has a 50-day moving average of GBX 1,290 and a 200-day moving average of GBX 1,290. The company has a current ratio of 1.41, a quick ratio of 0.60 and a debt-to-equity ratio of 89.82.

About The Vitec Group

(Get Free Report)

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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