Videndum’s (VID) “Hold” Rating Reaffirmed at Shore Capital

Videndum (LON:VID)‘s stock had its “hold” rating restated by equities research analysts at Shore Capital in a research report issued to clients and investors on Monday,Digital Look reports.

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 425 ($5.50) price objective on shares of Videndum in a research note on Monday, December 16th.

Videndum Stock Performance

Videndum stock traded down GBX 2.78 ($0.04) during midday trading on Monday, reaching GBX 84.20 ($1.09). 88,572 shares of the stock traded hands, compared to its average volume of 511,166. The firm has a fifty day moving average price of GBX 89.30 and a two-hundred day moving average price of GBX 184.10. Videndum has a fifty-two week low of GBX 28.30 ($0.37) and a fifty-two week high of GBX 362.50 ($4.69). The firm has a market cap of £78.95 million, a price-to-earnings ratio of -2.23 and a beta of 1.00. The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44.

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.