Videndum (LON:VID) Shares Down 2.2% – Time to Sell?

Videndum Plc (LON:VID) traded down 2.2% on Wednesday . The stock traded as low as GBX 358.68 and last traded at GBX 368. 13,188 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 10,750 shares. The stock had previously closed at GBX 376.40.

Videndum Stock Up 4.4%

The stock has a market capitalization of £142.24 million, a PE ratio of -0.03 and a beta of 0.84. The firm has a 50 day moving average of GBX 387.72 and a two-hundred day moving average of GBX 2,133.85. The company has a current ratio of 0.63, a quick ratio of 0.68 and a debt-to-equity ratio of 946.30.

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

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.