B. Riley assumed protection of the shares of Avid Know-how (NASDAQ: AVID) in an investigation word issued to buyers on Friday, November 15, computerized Importing Briefing.com studies. The corporate issued a purchase order ranking and a goal value of $ 10.00 within the shares of the know-how firm.
A number of different analysis corporations have additionally just lately revealed studies on AVID. ValuEngine up to date Avid Know-how from a gross sales ranking to a retention ranking in a report on Friday, November eight. Maxim Group reiterated a purchase order ranking and issued a goal value of $ 14.00 in Avid Know-how shares in a report on Tuesday, November 5. Zacks Funding Analysis decreased Avid Know-how from a purchase order ranking to a retention ranking in a report on Thursday, October 24. Lastly, BidaskClub decreased Avid Know-how from a purchase order ranking to a retention ranking in a report on Friday, November 15. Two fairness analysis analysts have rated the share with a sale ranking, 4 have assigned a retention ranking and two have issued a purchase order ranking for the corporate's shares. Avid Know-how presently has a mean Maintain ranking and a mean goal value of $ eight.95.
AVID shares have been buying and selling down $ zero.01 throughout buying and selling hours on Friday, reaching $ 7.69. 152,882 shares of the corporate have been exchanged, in comparison with its common quantity of 425,734. The 50-day transferring common of the inventory is $ 7.28 and its 200-day transferring common is $ 7.64. The share has a market capitalization of $ 331.05 million, a price-earnings ratio of 64.08, a price-earnings-growth ratio of two.16 and a beta of 1.91. Avid Know-how has a minimal of 52 weeks of $ four.37 and a most of 52 weeks of $ 10.79.
Avid Know-how (NASDAQ: AVID) final revealed its quarterly earnings outcomes on Thursday, November 7. The know-how firm reported $ zero.09 of earnings per share (EPS) for the quarter, assembly the consensus estimate of $ zero.09. The enterprise had revenues of $ 93.46 million for the quarter. Avid Know-how had a unfavorable return on capital of 10.84% and a unfavorable web margin of zero.46%. As a bunch, analysis analysts anticipate Avid Know-how to file zero.37 earnings per share for the present yr.
A number of massive buyers have just lately purchased and offered enterprise shares. Millennium Administration LLC acquired a brand new place in Avid Know-how shares through the third quarter for an approximate worth of $ 96,000. Squarepoint Ops LLC elevated its place in Avid Know-how shares by 22.four% through the third quarter. Squarepoint Ops LLC now owns 155,489 shares of the know-how firm's inventory value $ 962,000 after shopping for a further 28,489 shares over the last quarter. Barclays PLC elevated its place in Avid Know-how shares by 24.6% through the third quarter. Barclays PLC now owns 38,613 shares of the know-how firm's inventory value $ 239,000 after shopping for a further 7,615 shares over the last quarter. The California State Trainer Retirement System elevated its place in Avid Know-how shares by 5.zero% through the third quarter. The California State Trainer Retirement System now owns 44,158 shares of the know-how firm value $ 273,000 after shopping for a further 2,105 shares over the last quarter. Lastly, AlphaMark Advisors LLC elevated its place in Avid Know-how shares by 5,623.9% through the third quarter. AlphaMark Advisors LLC now owns 62,390 shares of the know-how firm's inventory value $ 386,000 after shopping for a further 61,300 shares over the last quarter. 49.52% of the shares are owned by hedge funds and different institutional buyers.
Avid Know-how Firm Profile
Avid Know-how, Inc develops, markets, sells and helps software program, hardware and built-in options for the creation, administration and distribution of video and audio content material worldwide. The corporate's video merchandise and options embrace Media Composer, which is used to edit video content material, akin to TV reveals, commercials and flicks; Avid NEXIS shared storage techniques; and the options of the Maestro product line for the combination of digital assemblies, augmented actuality and video wall management in present workflows.
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