Videndum Plc (LON:VID - Get Free Report)'s stock price dropped 42.5% during trading on Wednesday . The stock traded as low as GBX 57.20 ($0.77) and last traded at GBX 60.97 ($0.82). Approximately 2,247,184 shares changed hands during trading, an increase of 612% from the average daily volume of 315,506 shares. The stock had previously closed at GBX 106 ($1.43).
Analysts Set New Price Targets
Separately, Shore Capital reissued an "under review" rating on shares of Videndum in a report on Wednesday.
Get Our Latest Report on Videndum
Videndum Stock Down 14.5%
The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68. The business's fifty day simple moving average is GBX 89.03 and its two-hundred day simple moving average is GBX 84.28. 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 released its quarterly earnings data on Wednesday, August 6th. The company reported GBX (11.20) (($0.15)) earnings per share for the quarter. Videndum had a negative net margin of 15.04% and a negative return on equity of 19.28%. On average, analysts predict that Videndum Plc will post 25.9978425 earnings per share 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.
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