Videndum (LON:VID) Shares Down 3% – What’s Next?

Videndum Plc (LON:VID)’s stock price fell 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 changed hands during mid-day 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 Upgrades and Downgrades

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

Videndum Trading Down 3.0 %

The stock has a market cap of £240.18 million, a price-to-earnings ratio of -593.02 and a beta of 1.00. 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’s 50 day moving average is GBX 273.59 and its two-hundred day moving average is GBX 296.02.

Insider Activity at Videndum

In other news, insider Stephen C. Harris bought 21,033 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of GBX 238 ($3.02) per share, with a total value of £50,058.54 ($63,453.59). Company insiders own 5.55% of the company’s stock.

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.