Videndum (LON:VID) Stock Price Down 3.1% - Time to Sell?

Videndum Plc (LON:VID - Get Free Report) shares dropped 3.1% during trading on Tuesday . The company traded as low as GBX 74 ($0.98) and last traded at GBX 75.60 ($1.01). Approximately 90,704 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 395,936 shares. The stock had previously closed at GBX 78 ($1.04).

Analysts Set New Price Targets

Separately, Shore Capital restated a "hold" rating on shares of Videndum in a report on Monday, March 31st.

Videndum Stock Performance

The stock has a market capitalization of £70.89 million, a PE ratio of -2.00 and a beta of 1.00. The firm's 50-day simple moving average is GBX 80.21 and its two-hundred day simple moving average is GBX 139.46. The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44.

Videndum (LON:VID - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported GBX (17.90) (($0.24)) EPS for the quarter. Videndum had a negative net margin of 15.04% and a negative return on equity of 19.28%. On average, equities research analysts expect that Videndum Plc will post 25.9978425 earnings per share for the current fiscal year.

Videndum Company Profile

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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