Videndum (LON:VID) Hits New 12-Month Low – Here’s Why

Videndum Plc (LON:VIDGet Free Report) reached a new 52-week low during trading on Thursday . The stock 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).

Analyst Ratings Changes

A number of research firms recently issued reports on VID. Jefferies Financial Group reissued a “buy” rating and issued a GBX 425 ($5.19) price objective on shares of Videndum in a report on Monday, December 16th. Shore Capital reiterated a “hold” rating on shares of Videndum in a research report on Friday, December 13th.

Read Our Latest Research Report on Videndum

Videndum Stock Performance

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

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