Videndum (LON:VID) Hits New 12-Month Low – Here’s Why

Videndum Plc (LON:VIDGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 219.90 and last traded at GBX 230, with a volume of 102104 shares changing hands. The stock had previously closed at GBX 230.

Videndum Trading Down 3.3%

The company has a debt-to-equity ratio of 43.41, a current ratio of 2.11 and a quick ratio of 0.68. The business’s 50-day simple moving average is GBX 349.53 and its two-hundred day simple moving average is GBX 869.46. The stock has a market capitalization of £83.61 million, a price-to-earnings ratio of -0.02 and a beta of 0.79.

Videndum (LON:VIDGet Free Report) last released its quarterly earnings data 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%. On average, research analysts anticipate that Videndum Plc will post 25.9978425 earnings per share for the current fiscal year.

Videndum Company Profile

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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.

Further Reading

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