Videndum (LON:VID) Stock Price Down 6% – What’s Next?

Videndum Plc (LON:VID)’s stock price traded down 6% on Friday . The stock traded as low as GBX 11.20 and last traded at GBX 12.23. 82,292 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 250,321 shares. The stock had previously closed at GBX 13.

Videndum Price Performance

The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91. The stock has a market capitalization of £12.02 million, a price-to-earnings ratio of -0.07 and a beta of 1.00. The business’s 50 day simple moving average is GBX 13.35 and its 200-day simple moving average is GBX 33.28.

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. 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.