Shares of Videndum Plc (LON:VID - Get Free Report) 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).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated an "under review" rating on shares of Videndum in a research report on Wednesday.
Get Our Latest Analysis on Videndum
Videndum Stock Down 14.5%
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 stock has a market cap of £43.13 million, a P/E ratio of -1.22 and a beta of 1.00. The firm has a 50-day simple moving average of GBX 89.03 and a two-hundred day simple moving average of GBX 84.28.
Videndum (LON:VID - Get Free Report) last released 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%. Equities research analysts expect that Videndum Plc will post 25.9978425 earnings per share for the current fiscal 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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