Videndum (LON:VID) Trading Up 13.3% – Here’s What Happened

Videndum Plc (LON:VID)’s share price shot up 13.3% during trading on Wednesday . The company traded as high as GBX 13.60 and last traded at GBX 13.60. 147,637 shares changed hands during trading, a decline of 28% from the average session volume of 204,191 shares. The stock had previously closed at GBX 12.

Videndum Price Performance

The stock has a market cap of £11.71 million, a P/E ratio of -0.07 and a beta of 1.00. The business has a 50 day simple moving average of GBX 29.42 and a 200-day simple moving average of GBX 53.34. The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91.

Videndum Company Profile

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. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, bags, backgrounds and motion control, audio capture and noise reduction equipment.