Videndum (LON:VID) Shares Down 39.2% – Time to Sell?

Videndum Plc (LON:VID)’s stock price was down 39.2% during mid-day trading on Tuesday . The company traded as low as GBX 18 and last traded at GBX 18.90. Approximately 766,793 shares were traded during trading, an increase of 191% from the average daily volume of 263,619 shares. The stock had previously closed at GBX 31.10.

Videndum Price Performance

The stock has a market cap of £14.87 million, a P/E ratio of -0.09 and a beta of 1.00. The company has a 50 day simple moving average of GBX 37.02 and a 200 day simple moving average of GBX 58.76. The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44.

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.