Videndum (LON:VID) Reaches New 52-Week Low – Should You Sell?

Videndum Plc (LON:VIDGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 136 ($1.68) and last traded at GBX 142 ($1.76), with a volume of 56957 shares trading hands. The stock had previously closed at GBX 142 ($1.76).

Analysts Set New Price Targets

VID has been the topic of a number of research reports. Shore Capital reissued a “hold” rating on shares of Videndum in a research report on Friday, December 13th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 425 ($5.25) price objective on shares of Videndum in a research note on Monday, December 16th.

View Our Latest Stock Analysis on VID

Videndum Price Performance

The business has a 50 day moving average of GBX 226.27 and a two-hundred day moving average of GBX 273.52. The stock has a market capitalization of £133.75 million, a PE ratio of -330.23 and a beta of 1.00. The company has a debt-to-equity ratio of 77.44, a quick ratio of 0.68 and a current ratio of 1.91.

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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