Videndum (LON:VID) Stock Price Down 0.8% – Time to Sell?

Shares of Videndum Plc (LON:VID) dropped 0.8% on Monday . The stock traded as low as GBX 12.45 and last traded at GBX 12.85. Approximately 882,345 shares traded hands during trading, an increase of 206% from the average daily volume of 288,713 shares. The stock had previously closed at GBX 12.95.

Videndum Stock Down 0.8%

The stock’s fifty day simple moving average is GBX 18.62 and its two-hundred day simple moving average is GBX 39.97. The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68. The company has a market capitalization of £13.31 million, a price-to-earnings ratio of -0.08 and a beta of 1.00.

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.