Videndum Plc (LON:VID – Get Free Report) shares were down 22.3% during mid-day trading on Saturday . The stock traded as low as GBX 28.30 ($0.36) and last traded at GBX 48.20 ($0.61). Approximately 6,623,770 shares traded hands during trading, an increase of 1,434% from the average daily volume of 431,740 shares. The stock had previously closed at GBX 62 ($0.78).
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on VID shares. Jefferies Financial Group restated a “buy” rating and set a GBX 425 ($5.38) price target on shares of Videndum in a research note on Monday, December 16th. Shore Capital reaffirmed a “hold” rating on shares of Videndum in a report on Friday, December 13th.
Videndum Stock Down 22.3 %
About Videndum
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.
Read More
- Five stocks we like better than Videndum
- Election Stocks: How Elections Affect the Stock Market
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- What Makes a Stock a Good Dividend Stock?
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- Compound Interest and Why It Matters When Investing
- These 5 Energy Stocks Hedge Inflation With Growth Potential
Receive News & Ratings for Videndum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Videndum and related companies with MarketBeat.com's FREE daily email newsletter.