Videndum (LON:VID) Trading Down 3% – Here’s What Happened

Shares of Videndum Plc (LON:VID) traded down 3% during mid-day trading on Monday . The company traded as low as GBX 255 ($3.23) and last traded at GBX 255 ($3.23). 908 shares traded hands during trading, a decline of 99% from the average session volume of 123,495 shares. The stock had previously closed at GBX 263 ($3.33).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of Videndum in a research report on Monday, October 28th.

Videndum Trading Down 1.6 %

The company has a quick ratio of 0.68, a current ratio of 1.91 and a debt-to-equity ratio of 77.44. The firm has a market capitalization of £235.48 million, a P/E ratio of -589.53 and a beta of 1.00. The business has a 50-day moving average price of GBX 271.02 and a 200-day moving average price of GBX 295.69.

Insider Transactions at Videndum

In other Videndum news, insider Stephen C. Harris acquired 21,033 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average cost of GBX 238 ($3.01) per share, for a total transaction of £50,058.54 ($63,341.19). 5.55% of the stock is currently owned by corporate insiders.

Videndum Company Profile

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.