Videndum (LON:VID) Shares Down 0.8%

Videndum Plc (LON:VID) was down 0.8% during mid-day trading on Thursday . The company traded as low as GBX 322.15 ($4.10) and last traded at GBX 325 ($4.14). 29,857 shares traded hands during trading, a decline of 76% from the average daily volume of 124,672 shares. The stock had previously closed at GBX 327.50 ($4.17).

Wall Street Analyst Weigh In

Several analysts have commented on VID shares. Shore Capital downgraded Videndum to a “hold” rating in a research note on Monday, March 11th. Berenberg Bank cut their price target on Videndum from GBX 500 ($6.37) to GBX 450 ($5.73) and set a “buy” rating for the company in a research note on Wednesday, May 1st.

Videndum Trading Up 1.8 %

The company’s fifty day moving average price is GBX 291.98 and its two-hundred day moving average price is GBX 313.17. The firm has a market cap of £311.80 million, a PE ratio of -1,379.17 and a beta of 0.95. The company has a quick ratio of 0.68, a current ratio of 2.45 and a debt-to-equity ratio of 57.77.

About Videndum

Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three segments: Media Solutions, Production Solutions, and Creative Solutions.