Videndum (LON:VID) Sets New 12-Month Low – Should You Sell?

Videndum Plc (LON:VID) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 205 and last traded at GBX 204, with a volume of 39214 shares. The stock had previously closed at GBX 245.

Videndum Stock Down 16.7%

The company has a market cap of £82.20 million, a PE ratio of -0.01 and a beta of 0.79. The company’s 50 day moving average is GBX 311.05 and its 200 day moving average is GBX 645.65. The company has a current ratio of 2.11, a quick ratio of 0.68 and a debt-to-equity ratio of 43.41.

Videndum (LON:VID) last issued its earnings results on Wednesday, August 5th. The company reported GBX (66.10) EPS for the quarter. Videndum had a negative return on equity of 75.59% and a negative net margin of 22.40%. As a group, analysts predict that Videndum Plc will post 25.9978425 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jan Peter Tewes acquired 37,500 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average price of GBX 224 per share, with a total value of £84,000. Insiders own 1.36% of the company’s stock.

About Videndum

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.