Videndum (LON:VID) Sets New 1-Year Low – Here’s Why

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

Videndum Price Performance

The firm has a market capitalization of £92.68 million, a price-to-earnings ratio of -0.02 and a beta of 0.85. The company has a fifty day moving average price of GBX 355.73 and a two-hundred day moving average price of GBX 901.47. 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 issued 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 178.70% and a negative net margin of 30.14%. On average, equities research analysts expect 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.