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

Videndum Plc (LON:VID) hit 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 trading hands. The stock had previously closed at GBX 230.

Videndum Price Performance

The company has a debt-to-equity ratio of 946.30, a current ratio of 0.63 and a quick ratio of 0.68. The firm’s 50-day simple moving average is GBX 355.73 and its two-hundred day simple moving average is GBX 901.47. The company has a market capitalization of £92.68 million, a price-to-earnings ratio of -0.02 and a beta of 0.85.

Videndum (LON:VID) last issued its earnings results on Wednesday, August 5th. The company reported GBX (66.10) earnings per share (EPS) for the quarter. Videndum had a negative net margin of 30.14% and a negative return on equity of 178.70%. Sell-side analysts predict that Videndum Plc will post 25.9978425 EPS for the current fiscal 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.