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

Videndum Plc (LON:VID)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 191 and last traded at GBX 207, with a volume of 66789 shares trading hands. The stock had previously closed at GBX 206.

Videndum Trading Up 7.6%

The firm has a market capitalization of £83.05 million, a P/E ratio of -0.02 and a beta of 0.80. The company has a current ratio of 2.11, a quick ratio of 0.68 and a debt-to-equity ratio of 43.41. The company’s fifty day moving average is GBX 246.47 and its 200-day moving average is GBX 384.65.

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

Insiders Place Their Bets

In other Videndum news, insider Jan Peter Tewes bought 37,500 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average price of GBX 224 per share, for a total transaction of £84,000. 3.16% of the stock is currently owned by insiders.

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.