Videndum Plc (LON:VID - Get Free Report) dropped 20.5% during mid-day trading on Monday . The stock traded as low as GBX 70 ($0.88) and last traded at GBX 70 ($0.88). Approximately 150,896 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 173,718 shares. The stock had previously closed at GBX 88 ($1.11).
Wall Street Analyst Weigh In
VID has been the topic of several research analyst reports. Shore Capital reiterated a "hold" rating on shares of Videndum in a research report on Friday, December 13th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 425 ($5.37) target price on shares of Videndum in a research report on Monday, December 16th.
Check Out Our Latest Report on Videndum
Videndum Stock Down 22.3 %
The stock has a market capitalization of £45.20 million, a price-to-earnings ratio of -1.28 and a beta of 1.00. The business's 50-day moving average is GBX 130.88 and its two-hundred day moving average is GBX 232.17. The company has a quick ratio of 0.68, a current ratio of 1.91 and a debt-to-equity ratio of 77.44.
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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