Videndum Plc (LON:VID - Get Free Report)'s share price dropped 44.3% during mid-day trading on Wednesday . The stock traded as low as GBX 57.20 ($0.77) and last traded at GBX 59 ($0.79). 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 ($1.43).
Analyst Ratings Changes
Separately, Shore Capital restated an "under review" rating on shares of Videndum in a research report on Wednesday.
Get Our Latest Stock 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 stock 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 50-day moving average of GBX 89.03 and a 200-day moving average of GBX 84.28.
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%. As a group, equities research analysts expect that Videndum Plc will post 25.9978425 earnings per share for the current fiscal 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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