Videndum (LON:VID) Trading Down 18.7% – Should You Sell?

Videndum Plc (LON:VID)’s share price dropped 18.7% on Thursday . The company traded as low as GBX 10 and last traded at GBX 10. Approximately 97,429 shares traded hands during trading, a decline of 61% from the average daily volume of 249,610 shares. The stock had previously closed at GBX 12.30.

Videndum Price Performance

The company has a market capitalization of £11.48 million, a P/E ratio of -0.07 and a beta of 1.00. The stock’s fifty day simple moving average is GBX 12.34 and its 200-day simple moving average is GBX 31.60. The company has a debt-to-equity ratio of 325.00, a current ratio of 1.61 and a quick ratio of 0.68.

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.