Videndum (LON:VID) Shares Down 15.4% – What’s Next?

Videndum Plc (LON:VID)’s share price dropped 15.4% on Thursday . The stock traded as low as GBX 2.31 and last traded at GBX 2.31. Approximately 1,113,516 shares traded hands during trading, an increase of 25% from the average daily volume of 892,333 shares. The stock had previously closed at GBX 2.73.

Videndum Price Performance

The business’s fifty day moving average price is GBX 10.98 and its 200-day moving average price is GBX 28.72. The company has a market capitalization of £2.54 million, a P/E ratio of -0.01 and a beta of 0.07. The company has a current ratio of 1.61, a quick ratio of 0.68 and a debt-to-equity ratio of 325.00.

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.