Videndum Plc (LON:VID - Get Free Report) shares fell 32.8% on Wednesday . The stock traded as low as GBX 71 ($0.95) and last traded at GBX 71.26 ($0.96). 772,722 shares changed hands during trading, an increase of 153% from the average session volume of 306,025 shares. The stock had previously closed at GBX 106 ($1.43).
Analysts Set New Price Targets
Separately, Shore Capital reiterated an "under review" rating on shares of Videndum in a research report on Wednesday.
View Our Latest Research Report on VID
Videndum Stock Performance
The company has a 50-day moving average price of GBX 89.03 and a two-hundred day moving average price of GBX 84.58. The stock has a market capitalization of £43.13 million, a P/E ratio of -1.22 and a beta of 1.00. The company has a quick ratio of 0.68, a current ratio of 1.91 and a debt-to-equity ratio of 77.44.
Videndum (LON:VID - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported GBX (11.20) (($0.15)) EPS for the quarter. Videndum had a negative return on equity of 19.28% and a negative net margin of 15.04%. Equities analysts expect that Videndum Plc will post 25.9978425 earnings per share for the current year.
About Videndum
(
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Videndum (formerly known as The Vitec Group plc) is a leading global provider of premium branded hardware products and software solutions to the growing content creation market.
Videndum's customers include broadcasters, film studios, production and rental companies, photographers, independent content creators, vloggers, influencers, gamers, professional sounds crews and enterprises.
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