Shares of Videndum Plc (LON:VID - Get Free Report) fell 40.8% during trading on Wednesday . The company traded as low as GBX 60 ($0.81) and last traded at GBX 62.80 ($0.84). 1,663,112 shares traded hands during mid-day trading, an increase of 433% from the average session volume of 311,922 shares. The stock had previously closed at GBX 106 ($1.43).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued an "under review" rating on shares of Videndum in a research report on Wednesday.
Read Our Latest Research Report on VID
Videndum Price Performance
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 business's fifty day moving average is GBX 89.03 and its 200 day moving average is GBX 84.58. The firm has a market capitalization of £43.13 million, a P/E ratio of -1.22 and a beta of 1.00.
Videndum (LON:VID - Get Free Report) last released 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 net margin of 15.04% and a negative return on equity of 19.28%. As a group, analysts forecast that Videndum Plc will post 25.9978425 EPS 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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