Vitec Group plc (LON:VTC) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,131 ($14.92) and last traded at GBX 1,125 ($14.85), with a volume of 51,760 shares trading hands. The stock had previously closed at GBX 1,120 ($14.78).

A number of research firms have weighed in on VTC. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,300 ($17.15) target price on shares of Vitec Group plc in a research note on Tuesday. Berenberg Bank reaffirmed a “buy” rating on shares of Vitec Group plc in a research note on Wednesday, September 6th. Five research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of GBX 1,106.25 ($14.60).

The firm’s market cap is GBX 503.34 million. The company has a 50-day moving average price of GBX 1,053.12 and a 200 day moving average price of GBX 990.77.

The firm also recently announced a dividend, which was paid on Friday, October 20th. Investors of record on Thursday, September 21st were issued a dividend of GBX 10.40 ($0.14) per share. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, September 21st.

In other Vitec Group plc news, insider Kath Kearney-Croft bought 2,700 shares of Vitec Group plc stock in a transaction that occurred on Wednesday, October 4th. The shares were bought at an average price of GBX 1,103 ($14.56) per share, with a total value of £29,781 ($39,299.29).

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Vitec Group plc Company Profile

The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.

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