Midwich Group (LON:MIDW) Reaches New 52-Week Low – Here’s What Happened

Midwich Group plc (LON:MIDW) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 252 ($3.13) and last traded at GBX 254.87 ($3.17), with a volume of 173806 shares changing hands. The stock had previously closed at GBX 257 ($3.20).

Midwich Group Price Performance

The company has a market capitalization of £260.76 million, a price-to-earnings ratio of 1,158.52 and a beta of 0.66. The stock has a fifty day simple moving average of GBX 279.75 and a 200-day simple moving average of GBX 303.86. The company has a debt-to-equity ratio of 96.77, a current ratio of 1.44 and a quick ratio of 0.78.

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.