Videndum Plc (LON:VID - Get Free Report) fell 44.3% on Wednesday . The company traded as low as GBX 57.20 ($0.77) and last traded at GBX 59 ($0.79). 1,829,691 shares traded hands during mid-day trading, an increase of 485% from the average session volume of 313,025 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 report on Wednesday.
View Our Latest Analysis on Videndum
Videndum Price Performance
The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68. The company has a 50-day simple moving average of GBX 89.03 and a two-hundred day simple moving average of GBX 84.28. The stock has a market capitalization of £43.13 million, a price-to-earnings ratio of -1.22 and a beta of 1.00.
Videndum (LON:VID - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported GBX (11.20) (($0.15)) earnings per share (EPS) for the quarter. Videndum had a negative return on equity of 19.28% and a negative net margin of 15.04%. On average, equities research analysts predict 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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