Videndum Plc (LON:VID - Get Free Report) shares dropped 15.6% during trading on Tuesday . The stock traded as low as GBX 103 ($1.28) and last traded at GBX 103 ($1.28). Approximately 355,237 shares traded hands during mid-day trading, an increase of 118% from the average daily volume of 163,031 shares. The stock had previously closed at GBX 122 ($1.52).
Analyst Ratings Changes
Several research firms recently weighed in on VID. Shore Capital restated a "hold" rating on shares of Videndum in a research report on Friday, December 13th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 425 ($5.29) target price on shares of Videndum in a report on Monday, December 16th.
Get Our Latest Stock Analysis on VID
Videndum Stock Down 0.6 %
The stock has a market cap of £95.51 million, a PE ratio of -235.81 and a beta of 1.00. 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 company has a 50 day moving average price of GBX 183.26 and a two-hundred day moving average price of GBX 256.37.
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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