Free Trial

Videndum (LON:VID) Trading Down 44.3% - Should You Sell?

Videndum logo with Computer and Technology background

Key Points

  • Videndum shares fell 44.3% on Wednesday, trading as low as GBX 57.20 ($0.76), significantly down from a previous close of GBX 106 ($1.41).
  • Shore Capital has issued an "under review" rating for Videndum, indicating uncertainty about the company's direction.
  • The company's financials reveal a negative P/E ratio of -1.56, with projected EPS for the current year at approximately 25.9978425, suggesting potential challenges ahead.
  • 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) 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

(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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

7 AI Stocks to Invest in Today: Capitalizing on AI and Tech Trends in 2025 Cover

Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.

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

Featured Articles and Offers

Recent Videos

Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without
Palantir & AMD Earnings: Massive Options Setups Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines