Videndum (LON:VID) Hits New 52-Week Low – What’s Next?

Videndum Plc (LON:VID) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 199.50 and last traded at GBX 200, with a volume of 145119 shares traded. The stock had previously closed at GBX 212.

Videndum Stock Performance

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 stock has a fifty day moving average price of GBX 276.43 and a two-hundred day moving average price of GBX 508.91. The company has a market cap of £80.59 million, a P/E ratio of -0.02 and a beta of 0.80.

Videndum (LON:VID) last posted its earnings results on Wednesday, August 5th. The company reported GBX (66.10) EPS for the quarter. Videndum had a negative net margin of 22.40% and a negative return on equity of 75.59%. On average, equities analysts forecast that Videndum Plc will post 25.9978425 earnings per share for the current fiscal year.

Insider Activity at Videndum

In other Videndum news, insider Jan Peter Tewes purchased 37,500 shares of the stock in a transaction dated Monday, August 24th. The shares were bought at an average cost of GBX 224 per share, with a total value of £84,000. Company insiders own 3.16% of the company’s stock.

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.