Videndum (LON:VID) Shares Down 20% – Here’s What Happened

Videndum Plc (LON:VID)’s stock price traded down 20% on Friday . The stock traded as low as GBX 2 and last traded at GBX 2. 888,839 shares traded hands during trading, a decline of 29% from the average session volume of 1,252,275 shares. The stock had previously closed at GBX 2.50.

Videndum Stock Performance

The company has a quick ratio of 0.68, a current ratio of 1.61 and a debt-to-equity ratio of 325.00. The stock has a market capitalization of £2.59 million, a PE ratio of -0.02 and a beta of 0.07. The stock’s 50 day moving average price is GBX 9.59 and its 200-day moving average price is GBX 26.30.

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.