Videndum (LON:VID) Hits New 52-Week Low – What’s Next?

Videndum Plc (LON:VID)’s share price hit a new 52-week low during trading on Friday . The company traded as low as GBX 199.50 and last traded at GBX 200, with a volume of 145119 shares trading hands. The stock had previously closed at GBX 212.

Videndum Trading Down 5.7%

The firm has a fifty day simple moving average of GBX 280.81 and a 200-day simple moving average of GBX 511.09. The firm has a market cap of £80.59 million, a P/E ratio of -0.02 and a beta of 0.80. The company has a debt-to-equity ratio of 43.41, a current ratio of 2.11 and a quick ratio of 0.68.

Videndum (LON:VID) last released its quarterly earnings data on Wednesday, August 5th. The company reported GBX (66.10) EPS for the quarter. Videndum had a negative net margin of 22.40% and a negative return on equity of 75.59%. On average, equities research analysts expect that Videndum Plc will post 25.9978425 earnings per share for the current year.

Insider Transactions at Videndum

In other Videndum news, insider Jan Peter Tewes purchased 37,500 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was acquired at an average price of GBX 224 per share, for a total transaction of £84,000. Insiders own 3.16% of the company’s stock.

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.