Videndum (LON:VID) Trading Down 44.4% – Should You Sell?

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

Videndum Stock Down 44.4%

The company has a debt-to-equity ratio of 946.30, a current ratio of 0.63 and a quick ratio of 0.68. The company has a market capitalization of £90.66 million, a P/E ratio of -0.02 and a beta of 0.85. The company has a 50 day moving average of GBX 394.30 and a 200-day moving average of GBX 1,088.23.

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.