Videndum (LON:VID) Stock Price Down 1.3% – What’s Next?

Videndum Plc (LON:VID) fell 1.3% during mid-day trading on Monday . The company traded as low as GBX 85.10 ($1.11) and last traded at GBX 86 ($1.12). 17,772 shares were traded during mid-day trading, a decline of 97% from the average session volume of 588,750 shares. The stock had previously closed at GBX 87.10 ($1.13).

Analysts Set New Price Targets

A number of brokerages recently issued reports on VID. Jefferies Financial Group reissued a “buy” rating and issued a GBX 425 ($5.53) target price on shares of Videndum in a research report on Monday, December 16th. Shore Capital reaffirmed a “hold” rating on shares of Videndum in a research report on Friday, December 13th.

Videndum Stock Up 0.3 %

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 fifty day moving average price of GBX 97.13 and a 200 day moving average price of GBX 199.07. The firm has a market capitalization of £81.86 million, a price-to-earnings ratio of -2.31 and a beta of 1.00.

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.