Shares of Videndum Plc (LON:VID - Get Free Report) fell 40% during mid-day trading on Wednesday . The stock traded as low as GBX 60 ($0.81) and last traded at GBX 63.65 ($0.86). 1,502,874 shares changed hands during mid-day trading, an increase of 383% from the average session volume of 310,861 shares. The stock had previously closed at GBX 106 ($1.43).
Wall Street Analyst Weigh In
Separately, Shore Capital restated an "under review" rating on shares of Videndum in a report on Wednesday.
View Our Latest Report on Videndum
Videndum Stock Down 14.5%
The company has a quick ratio of 0.68, a current ratio of 1.91 and a debt-to-equity ratio of 77.44. The company's fifty day moving average is GBX 89.03 and its 200-day moving average is GBX 84.58. The company has a market cap of £43.13 million, a PE ratio of -1.22 and a beta of 1.00.
Videndum (LON:VID - Get Free Report) last issued its 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, analysts predict that Videndum Plc will post 25.9978425 EPS for the current year.
Videndum Company Profile
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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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