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

Videndum Plc (LON:VID) reached a new 52-week low during trading on Friday . The company traded as low as GBX 199.50 and last traded at GBX 200, with a volume of 145119 shares trading hands. The stock had previously closed at GBX 212.

Videndum Stock Down 5.7%

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 stock has a market capitalization of £80.59 million, a PE ratio of -0.02 and a beta of 0.80. The stock’s fifty day simple moving average is GBX 280.81 and its 200-day simple moving average is GBX 511.09.

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

Insider Buying and Selling at Videndum

In other Videndum news, insider Jan Peter Tewes bought 37,500 shares of Videndum stock in a transaction dated Monday, August 24th. The stock was bought at an average cost of GBX 224 per share, with a total value of £84,000. 3.16% of the stock is 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.