Insider Buying: Videndum (LON:VID) Insider Acquires £84,000 in Stock

Videndum Plc (LON:VID) insider Jan Peter Tewes purchased 37,500 shares of the stock in a transaction dated Monday, August 24th. The stock was purchased at an average price of GBX 224 per share, for a total transaction of £84,000.

Videndum Stock Performance

Shares of LON VID opened at GBX 234 on Tuesday. Videndum Plc has a 12 month low of GBX 205 and a 12 month high of £111.60. The company has a current ratio of 2.11, a quick ratio of 0.68 and a debt-to-equity ratio of 43.41. The stock has a market cap of £94.29 million, a price-to-earnings ratio of -0.02 and a beta of 0.79. The company has a 50 day simple moving average of GBX 323.60 and a two-hundred day simple moving average of GBX 727.68.

Videndum (LON:VID) last issued its quarterly earnings results on Wednesday, August 5th. The company reported GBX (66.10) earnings per share (EPS) for the quarter. Videndum had a negative return on equity of 75.59% and a negative net margin of 22.40%. As a group, analysts predict that Videndum Plc will post 25.9978425 earnings per share 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.