Videndum (LON:VID) Trading Down 12.1% – Here’s What Happened

Videndum Plc (LON:VID)’s stock price traded down 12.1% during mid-day trading on Tuesday . The company traded as low as GBX 11.20 and last traded at GBX 12.05. 277,612 shares traded hands during trading, an increase of 0% from the average session volume of 277,124 shares. The stock had previously closed at GBX 13.70.

Videndum Stock Down 5.5%

The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44. The firm’s fifty day moving average is GBX 34.24 and its 200 day moving average is GBX 56.58. The stock has a market cap of £13.42 million, a P/E ratio of -0.08 and a beta of 1.00.

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.