Videndum (LON:VID) Trading Up 0.5% - Here's What Happened

Videndum Plc (LON:VID - Get Free Report) was up 0.5% on Friday . The stock traded as high as GBX 109.92 ($1.48) and last traded at GBX 105.50 ($1.42). Approximately 126,255 shares traded hands during trading, a decline of 60% from the average daily volume of 316,300 shares. The stock had previously closed at GBX 105 ($1.41).

Analyst Ratings Changes

Separately, Shore Capital reiterated a "hold" rating on shares of Videndum in a research note on Monday, March 31st.

Videndum Stock Up 0.5%

The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44. The firm has a market capitalization of £98.93 million, a price-to-earnings ratio of -2.80 and a beta of 1.00. The stock has a fifty day moving average of GBX 81.16 and a 200-day moving average of GBX 88.16.

Videndum (LON:VID - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported GBX (17.90) (($0.24)) EPS for the quarter. Videndum had a negative net margin of 15.04% and a negative return on equity of 19.28%. As a group, sell-side analysts expect that Videndum Plc will post 25.9978425 EPS for the current year.

Videndum Company Profile

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.