Videndum (LON:VID) Reaches New 1-Year Low – Should You Sell?

Videndum Plc (LON:VID)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 58 ($0.73) and last traded at GBX 62 ($0.78), with a volume of 166953 shares trading hands. The stock had previously closed at GBX 63 ($0.79).

Analyst Upgrades and Downgrades

A number of research firms have commented on VID. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 425 ($5.35) price target on shares of Videndum in a research note on Monday, December 16th. Shore Capital reiterated a “hold” rating on shares of Videndum in a research note on Friday, December 13th.

Videndum Stock Performance

The stock has a market capitalization of £58.14 million, a price-to-earnings ratio of -1.64 and a beta of 1.00. The firm has a fifty day moving average of GBX 135.02 and a 200 day moving average of GBX 234.01. The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68.

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.