Videndum Plc (LON:VID - Get Free Report)'s stock price dropped 8.8% during trading on Thursday . The stock traded as low as GBX 53 ($0.71) and last traded at GBX 53.80 ($0.72). Approximately 775,526 shares traded hands during mid-day trading, an increase of 145% from the average daily volume of 316,068 shares. The stock had previously closed at GBX 59 ($0.79).
Analysts Set New Price Targets
Separately, Shore Capital reissued an "under review" rating on shares of Videndum in a report on Wednesday.
View Our Latest Analysis on VID
Videndum Price Performance
The stock has a market cap of £50.45 million, a PE ratio of -1.43 and a beta of 1.00. The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44. The firm's 50-day moving average price is GBX 89.61 and its two-hundred day moving average price is GBX 85.46.
Videndum (LON:VID - Get Free Report) last released its 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%. On average, equities analysts expect that Videndum Plc will post 25.9978425 earnings per share for the current fiscal 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.
Further Reading
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