Videndum (LON:VID) Hits New 52-Week Low – Time to Sell?

Videndum Plc (LON:VID) hit 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 Stock Down 64.9%

The company has a market cap of £3.58 million, a price-to-earnings ratio of -0.02 and a beta of 0.07. The stock’s 50-day moving average is GBX 12.27 and its 200-day moving average is GBX 31.01. The company has a current ratio of 1.61, a quick ratio of 0.68 and a debt-to-equity ratio of 325.00.

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.