Videndum (LON:VID) Trading Down 3% – Time to Sell?

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

Wall Street Analysts Forecast Growth

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

Videndum Stock Down 3.0 %

The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44. The company has a market capitalization of £240.18 million, a P/E ratio of -593.02 and a beta of 1.00. The business’s fifty day moving average price is GBX 273.59 and its 200 day moving average price is GBX 296.02.

Insider Activity

In related news, insider Stephen C. Harris acquired 21,033 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were purchased at an average price of GBX 238 ($3.02) per share, with a total value of £50,058.54 ($63,453.59). 5.55% of the stock is 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.