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Videndum (LON:VID) Hits New 12-Month Low - Should You Sell?

Videndum logo with Computer and Technology background

Videndum Plc (LON:VID - Get Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as GBX 125 ($1.56) and last traded at GBX 128 ($1.60), with a volume of 37983 shares changing hands. The stock had previously closed at GBX 127 ($1.59).

Analyst Ratings Changes

Several research analysts have weighed in on VID shares. Jefferies Financial Group reissued a "buy" rating and issued a GBX 425 ($5.31) price objective on shares of Videndum in a research report on Monday, December 16th. Shore Capital reissued a "hold" rating on shares of Videndum in a report on Friday, December 13th.

Read Our Latest Stock Report on Videndum

Videndum Price Performance

The business has a fifty day moving average of GBX 192.47 and a 200-day moving average of GBX 259.85. The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44. The firm has a market cap of £120.56 million, a PE ratio of -297.67 and a beta of 1.00.

About Videndum

(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.

Further Reading

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