Midwich Group (LON:MIDW) Reaches New 52-Week Low – Time to Sell?

Midwich Group plc (LON:MIDW)’s share price reached a new 52-week low during trading on Friday . The company traded as low as GBX 242 ($3.04) and last traded at GBX 245.33 ($3.09), with a volume of 218968 shares changing hands. The stock had previously closed at GBX 252 ($3.17).

Midwich Group Stock Performance

The company has a market cap of £246.71 million, a PE ratio of 10.91 and a beta of 0.66. The company has a debt-to-equity ratio of 105.39, a current ratio of 1.44 and a quick ratio of 0.78. The business has a 50-day moving average of GBX 270.71 and a 200 day moving average of GBX 293.54.

Midwich Group Company Profile

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.