Midwich Group (LON:MIDW) Issues Quarterly Earnings Results

Midwich Group (LON:MIDWGet Free Report) posted its earnings results on Tuesday. The company reported GBX 3.46 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Midwich Group had a negative return on equity of 12.68% and a negative net margin of 2.17%.

Midwich Group Price Performance

MIDW stock opened at GBX 147.96 on Wednesday. The company has a current ratio of 1.55, a quick ratio of 0.78 and a debt-to-equity ratio of 125.60. The company has a market capitalization of £152.70 million, a PE ratio of -6.75 and a beta of 0.42. Midwich Group has a 12-month low of GBX 125.20 and a 12-month high of GBX 226. The business’s fifty day moving average price is GBX 141.06 and its 200 day moving average price is GBX 146.44.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 350 price objective on shares of Midwich Group in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 350.

View Our Latest Stock Report on MIDW

Midwich Group Company Profile

(Get Free Report)

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.

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