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

Videndum Plc (LON:VID) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 3.01 and last traded at GBX 3.46, with a volume of 13426348 shares. The stock had previously closed at GBX 9.86.

Videndum Trading Down 4.1%

The business’s 50 day simple moving average is GBX 11.94 and its 200-day simple moving average is GBX 30.47. The company has a debt-to-equity ratio of 325.00, a current ratio of 1.61 and a quick ratio of 0.68. The stock has a market capitalization of £3.38 million, a P/E ratio of -0.02 and a beta of 0.07.

Videndum Company Profile

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. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, bags, backgrounds and motion control, audio capture and noise reduction equipment.