Videndum (LON:VID) Sets New 12-Month Low – Time to Sell?

Posted by Stephan Jacobs on Dec 25th, 2024

Videndum Plc (LON:VID – Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 153 ($1.92) and last traded at GBX 155 ($1.94), with a volume of 83224 shares traded. The stock had previously closed at GBX 153 ($1.92).

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Shore Capital reaffirmed a “hold” rating on shares of Videndum in a report on Friday, December 13th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 425 ($5.33) price objective on shares of Videndum in a research note on Monday, December 16th.

Get Our Latest Analysis on Videndum

Videndum Stock Performance

The company has a market cap of £145.99 million, a P/E ratio of -360.47 and a beta of 1.00. The business has a fifty day simple moving average of GBX 252.09 and a 200 day simple moving average of GBX 286.93. The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91.

Insider Buying and Selling

In related news, insider Stephen C. Harris purchased 21,033 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average price of GBX 238 ($2.98) per share, with a total value of £50,058.54 ($62,753.59). 5.55% of the stock is currently owned by company insiders.

Videndum Company Profile

(Get Free Report)

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.