Videndum (LON:VID) Stock Price Down 44.4% – What’s Next?

Videndum Plc (LON:VID) fell 44.4% on Thursday . The stock traded as low as GBX 215 and last traded at GBX 225. 856,358 shares changed hands during mid-day trading, an increase of 4,803% from the average daily volume of 17,465 shares. The stock had previously closed at GBX 405.

Videndum Trading Up 6.7%

The stock has a fifty day moving average of GBX 387.20 and a 200-day moving average of GBX 1,068.49. The company has a debt-to-equity ratio of 946.30, a quick ratio of 0.68 and a current ratio of 0.63. The company has a market cap of £96.71 million, a PE ratio of -0.02 and a beta of 0.85.

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.