Free Trial

Videndum (LON:VID) Trading Down 41.7% - What's Next?

Videndum logo with Computer and Technology background

Key Points

  • Videndum Plc's stock plummeted 41.7% on Wednesday, trading as low as GBX 57.20 ($0.76) after closing at GBX 106 ($1.41).
  • The company reported a negative earnings per share of GBX (11.20) (($0.15)) and has a market cap of £57.95 million, indicating challenges in its financial performance.
  • Analysts at Shore Capital have reissued an "under review" rating for Videndum, suggesting uncertainty surrounding the stock's future prospects.
  • Need Better Tools to Track Videndum? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Videndum Plc (LON:VID - Get Free Report) traded down 41.7% on Wednesday . The company traded as low as GBX 57.20 ($0.77) and last traded at GBX 61.80 ($0.83). 2,011,021 shares were traded during mid-day trading, an increase of 540% from the average session volume of 314,226 shares. The stock had previously closed at GBX 106 ($1.43).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated an "under review" rating on shares of Videndum in a research report on Wednesday.

Get Our Latest Stock Report on Videndum

Videndum Trading Down 14.5%

The business has a 50 day moving average of GBX 89.03 and a two-hundred day moving average of GBX 84.58. The firm has a market capitalization of £43.13 million, a price-to-earnings 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 issued its quarterly earnings data on Wednesday, August 6th. The company reported GBX (11.20) (($0.15)) EPS for the quarter. Videndum had a negative return on equity of 19.28% and a negative net margin of 15.04%. Equities analysts predict that Videndum Plc will post 25.9978425 EPS for the current year.

About Videndum

(Get Free Report)

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

Should You Invest $1,000 in Videndum Right Now?

Before you consider Videndum, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Videndum wasn't on the list.

While Videndum currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines