Videndum (LON:VID) Stock Price Down 18.7% – Time to Sell?

Videndum Plc (LON:VID) fell 18.7% during mid-day trading on Thursday . The stock traded as low as GBX 10 and last traded at GBX 10. 97,429 shares were traded during mid-day trading, a decline of 61% from the average session volume of 249,610 shares. The stock had previously closed at GBX 12.30.

Videndum Stock Performance

The company has a debt-to-equity ratio of 325.00, a quick ratio of 0.68 and a current ratio of 1.61. The stock has a market cap of £8.99 million, a P/E ratio of -0.05 and a beta of 1.00. The company’s 50 day moving average price is GBX 12.50 and its 200-day moving average price is GBX 32.05.

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.