Momentum Stock Watch: Avid Technology, Inc. (AVID)

Company Profile:

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution in the United States, the other Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers various professional video creative tools, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter option and iNews systems for news production; and Avid Symphony option that is used during post-production. It also provides video storage and server solutions comprising Avid ISIS shared storage systems; and media management solutions, such as MediaCentral | UX Web- and mobile-based apps that enables interplay asset management solutions by providing access to media assets for media professionals. Avid Technology, Inc. was founded in 1987 and is headquartered in Burlington, Massachusetts.

Recent News:

On Jan. 21, 2016, Avid  introduced several groundbreaking innovations for the audio industry, further delivering on key promises of Avid Everywhere.

On Jan. 07, 2016, Avid  announced the election of a new independent director, Peter Westley, Partner at Blum Capital Partners, L.P., to the Company’s Board of Directors.

Avid  announced that it anticipates its 2015 fourth quarter bookings will exceed expectations implied by its previously issued guidance and will be an estimated $191 million, which is 21% higher than the top end of the level implied by its prior guidance and 25% higher than reported bookings for the fourth quarter of 2014.


Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.


Profitability – Measures the historical price movement of the stock.


Solvency – Measures the solvency of the company based on several ratios.


Efficiency – Measures the strength and historic growth of a company’s return on invested capital.



AVID’s strengths can be seen in its robust Efficiency. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 56.69. We rate Avid Technology, Inc. (AVID) a Strong BUY.

About the Author

has written 15158 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks