Videndum Plc (LON:VID - Get Free Report) shares dropped 44.3% during trading on Wednesday . The company traded as low as GBX 57.20 ($0.76) and last traded at GBX 59 ($0.78). Approximately 1,829,691 shares were traded during trading, an increase of 485% from the average daily volume of 313,025 shares. The stock had previously closed at GBX 106 ($1.41).
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated an "under review" rating on shares of Videndum in a report on Wednesday.
Get Our Latest Research Report on VID
Videndum Price Performance
The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91. The firm has a market capitalization of £55.32 million, a P/E ratio of -1.56 and a beta of 1.00. The company has a 50-day moving average price of GBX 90.40 and a 200-day moving average price of GBX 86.16.
Videndum (LON:VID - Get Free Report) last issued its quarterly earnings data 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%. On average, sell-side 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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