Videndum (LON:VID) Insider Purchases £84,000 in Stock

Videndum Plc (LON:VID) insider Jan Peter Tewes purchased 37,500 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average cost of GBX 224 per share, for a total transaction of £84,000.

Videndum Stock Up 12.6%

Shares of LON:VID opened at GBX 250 on Friday. Videndum Plc has a 1-year low of GBX 205 and a 1-year high of £111.60. The company’s fifty day moving average is GBX 315.42 and its two-hundred day moving average is GBX 679.73. The company has a debt-to-equity ratio of 43.41, a quick ratio of 0.68 and a current ratio of 2.11. The stock has a market capitalization of £100.73 million, a price-to-earnings ratio of -0.02 and a beta of 0.79.

Videndum (LON:VID) last issued its earnings results on Wednesday, August 5th. The company reported GBX (66.10) earnings per share for the quarter. Videndum had a negative return on equity of 75.59% and a negative net margin of 22.40%. Equities analysts anticipate that Videndum Plc will post 25.9978425 EPS for the current year.

Videndum Company Profile

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.