Videndum (LON:VID) Reaches New 12-Month Low - Here's Why

Videndum Plc (LON:VID - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 136.40 ($1.71) and last traded at GBX 147 ($1.84), with a volume of 194742 shares trading hands. The stock had previously closed at GBX 155.50 ($1.95).

Analyst Ratings Changes

VID has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a "buy" rating and issued a GBX 425 ($5.33) price target on shares of Videndum in a report on Monday, December 16th. Shore Capital reiterated a "hold" rating on shares of Videndum in a research note on Friday, December 13th.

Videndum Stock Down 5.5 %

The company has a quick ratio of 0.68, a current ratio of 1.91 and a debt-to-equity ratio of 77.44. The stock has a 50-day simple moving average of GBX 243.99 and a 200-day simple moving average of GBX 282.42. The firm has a market capitalization of £138.46 million, a PE ratio of -341.86 and a beta of 1.00.

Videndum Company Profile

Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three segments: Media Solutions, Production Solutions, and Creative Solutions.