Videndum (LON:VID) Trading 5% Higher – Here’s Why

Videndum Plc (LON:VID)’s share price was up 5% during trading on Tuesday . The stock traded as high as GBX 2.25 and last traded at GBX 2.10. Approximately 353,301 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 1,107,637 shares. The stock had previously closed at GBX 2.

Videndum Stock Performance

The company has a fifty day moving average price of GBX 9.98 and a two-hundred day moving average price of GBX 27. The company has a debt-to-equity ratio of 325.00, a current ratio of 1.61 and a quick ratio of 0.68. The company has a market capitalization of £2.28 million, a P/E ratio of -0.01 and a beta of 0.07.

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.