Videndum (LON:VID) Insider Purchases 37,500 Shares of Stock

Videndum Plc (LON:VID) insider Jan Peter Tewes bought 37,500 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were acquired at an average price of GBX 224 per share, with a total value of £84,000.

Videndum Stock Up 4.0%

Shares of LON VID opened at GBX 234 on Tuesday. The business has a 50-day moving average price of GBX 323.60 and a 200 day moving average price of GBX 727.68. The stock has a market cap of £94.29 million, a PE ratio of -0.02 and a beta of 0.79. Videndum Plc has a 52-week low of GBX 205 and a 52-week high of £111.60. The company has a quick ratio of 0.68, a current ratio of 2.11 and a debt-to-equity ratio of 43.41.

Videndum (LON:VID) last issued its quarterly earnings results on Wednesday, August 5th. The company reported GBX (66.10) earnings per share for the quarter. Videndum had a negative return on equity of 75.59% and a negative net margin of 22.40%. Equities research analysts forecast that Videndum Plc will post 25.9978425 earnings per share 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.