Videndum (LON:VID) Stock Price Down 3.9% – What’s Next?

Shares of Videndum Plc (LON:VID) dropped 3.9% on Friday . The company traded as low as GBX 370 and last traded at GBX 372.75. Approximately 1,141 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 9,118 shares. The stock had previously closed at GBX 387.85.

Videndum Stock Performance

The firm has a market capitalization of £149.56 million, a P/E ratio of -0.03 and a beta of 0.83. The stock has a fifty day simple moving average of GBX 1,064.67 and a two-hundred day simple moving average of GBX 3,926.26. The company has a debt-to-equity ratio of 946.30, a current ratio of 0.63 and a quick ratio of 0.68.

Videndum (LON:VID) last issued its earnings results on Tuesday, March 31st. The company reported GBX (28,460) earnings per share for the quarter. Videndum had a negative return on equity of 178.70% and a negative net margin of 30.14%.The business had revenue of £228.30 million during the quarter. On average, research analysts predict that Videndum Plc will post 25.9978425 EPS for the current year.

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.