Videndum (LON:VID) Trading Up 2.5% – Here’s What Happened

Videndum Plc (LON:VID)’s stock price traded up 2.5% during trading on Thursday . The company traded as high as GBX 429 and last traded at GBX 429. Approximately 10,189 shares traded hands during trading, a decline of 15% from the average daily volume of 12,057 shares. The stock had previously closed at GBX 418.50.

Videndum Trading Down 0.2%

The company has a market cap of £168.83 million, a P/E ratio of -0.03 and a beta of 0.84. The firm’s 50 day moving average is GBX 388.64 and its two-hundred day moving average is GBX 1,452.05. The company has a quick ratio of 0.68, a current ratio of 0.63 and a debt-to-equity ratio of 946.30.

Videndum (LON:VID) last announced its earnings results on Tuesday, March 31st. The company reported GBX (28,460) earnings per share (EPS) for the quarter. The company had revenue of £228.30 million for the quarter. Videndum had a negative return on equity of 178.70% and a negative net margin of 30.14%. As a group, equities research analysts anticipate that Videndum Plc will post 25.9978425 EPS 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.