Videndum (LON:VID) Shares Down 6% – Should You Sell?

Videndum Plc (LON:VID)’s stock price fell 6% during mid-day trading on Friday . The stock traded as low as GBX 11.20 and last traded at GBX 12.23. 82,292 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 250,321 shares. The stock had previously closed at GBX 13.

Videndum Price Performance

The business has a fifty day moving average price of GBX 13.35 and a 200 day moving average price of GBX 33.28. The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68. The company has a market capitalization of £12.02 million, a price-to-earnings ratio of -0.07 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.