Videndum Plc (LON:VID - Get Free Report) shares fell 44.3% on Wednesday . The stock traded as low as GBX 57.20 ($0.77) and last traded at GBX 59 ($0.79). 1,829,691 shares were traded during trading, an increase of 485% from the average session volume of 313,025 shares. The stock had previously closed at GBX 106 ($1.43).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed an "under review" rating on shares of Videndum in a research note on Wednesday.
View Our Latest Analysis on Videndum
Videndum Stock Performance
The firm's 50 day moving average is GBX 89.03 and its two-hundred day moving average is GBX 84.28. The stock has a market capitalization of £43.13 million, a PE ratio of -1.22 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.
Videndum (LON:VID - Get Free Report) last announced 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 return on equity of 19.28% and a negative net margin of 15.04%. As a group, research analysts predict that Videndum Plc will post 25.9978425 earnings per share 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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