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Videndum (LON:VID) Shares Down 8.8% - Should You Sell?

Videndum logo with Computer and Technology background

Key Points

  • Videndum Plc's stock price fell by 8.8% on Thursday, trading as low as GBX 53 (approximately $0.71).
  • The company reported a negative EPS of GBX (11.20) ($0.15) for the last quarter, with analysts expecting a full-year EPS of 25.9978425.
  • Shore Capital has reissued an "under review" rating on Videndum shares, indicating ongoing uncertainty surrounding the stock's performance.
  • Want stock alerts on Videndum? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Videndum Plc (LON:VID - Get Free Report) traded down 8.8% on Thursday . The stock traded as low as GBX 53 ($0.71) and last traded at GBX 53.80 ($0.72). 775,526 shares traded hands during mid-day trading, an increase of 145% from the average session volume of 316,068 shares. The stock had previously closed at GBX 59 ($0.79).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed an "under review" rating on shares of Videndum in a report on Wednesday, August 6th.

Read Our Latest Report on Videndum

Videndum Stock Performance

The company has a market capitalization of £46.04 million, a P/E ratio of -1.30 and a beta of 1.00. The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91. The business's fifty day simple moving average is GBX 89.03 and its 200-day simple moving average is GBX 84.28.

Videndum (LON:VID - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported GBX (11.20) (($0.15)) earnings per share for the quarter. Videndum had a negative net margin of 15.04% and a negative return on equity of 19.28%. As a group, equities analysts anticipate that Videndum Plc will post 25.9978425 earnings per share for the current fiscal year.

About Videndum

(Get Free Report)

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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