Videndum (LON:VID) Shares Up 10.6% – Here’s Why

Shares of Videndum Plc (LON:VID) were up 10.6% on Saturday . The company traded as high as GBX 13.89 and last traded at GBX 13. Approximately 401,045 shares traded hands during trading, an increase of 26% from the average daily volume of 317,309 shares. The stock had previously closed at GBX 11.75.

Videndum Stock Performance

The firm has a fifty day moving average of GBX 26.28 and a 200-day moving average of GBX 50.58. The firm has a market cap of £13.47 million, a P/E ratio of -0.08 and a beta of 1.00. The company has a quick ratio of 0.68, a current ratio of 1.91 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.