Videndum (LON:VID) Reaches New 12-Month Low – What’s Next?

Videndum Plc (LON:VID)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 13.05 and last traded at GBX 13.70, with a volume of 297473 shares trading hands. The stock had previously closed at GBX 13.95.

Videndum Trading Down 1.8%

The business has a 50 day simple moving average of GBX 34.84 and a 200 day simple moving average of GBX 57.01. The company has a market cap of £14.19 million, a price-to-earnings ratio of -0.08 and a beta of 1.00. The company has a debt-to-equity ratio of 77.44, a current ratio of 1.91 and a quick ratio of 0.68.

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.