Videndum (LON:VID) Hits New 1-Year Low – Time to Sell?

Videndum Plc (LON:VIDGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 136 ($1.66) and last traded at GBX 142 ($1.73), with a volume of 56957 shares trading hands. The stock had previously closed at GBX 142 ($1.73).

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Shore Capital reaffirmed a “hold” rating on shares of Videndum in a research report on Friday, December 13th. Jefferies Financial Group restated a “buy” rating and issued a GBX 425 ($5.19) price objective on shares of Videndum in a report on Monday, December 16th.

Check Out Our Latest Analysis on VID

Videndum Stock Performance

The stock has a market cap of £133.75 million, a PE ratio of -330.23 and a beta of 1.00. The firm has a 50-day moving average price of GBX 221.04 and a 200-day moving average price of GBX 271.12. The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91.

Videndum Company Profile

(Get Free Report)

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.

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