Videndum (LON:VID) Hits New 12-Month Low – Time to Sell?

Videndum Plc (LON:VID)’s share price reached a new 52-week low during trading on Friday . The company traded as low as GBX 125 ($1.54) and last traded at GBX 128 ($1.58), with a volume of 37983 shares. The stock had previously closed at GBX 127 ($1.57).

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Shore Capital reiterated a “hold” rating on shares of Videndum in a report on Friday, December 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 425 ($5.25) price objective on shares of Videndum in a report on Monday, December 16th.

Videndum Stock Up 0.8 %

The firm has a market cap of £120.56 million, a PE ratio of -297.67 and a beta of 1.00. The business’s 50 day moving average price is GBX 197.72 and its 200 day moving average price is GBX 262.18. The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68.

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.