Midwich Group (LON:MIDW) Posts Quarterly Earnings Results

Midwich Group (LON:MIDWGet Free Report) issued its earnings results on Tuesday. The company reported GBX 3.46 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 Trading Up 0.4%

MIDW stock traded up GBX 0.63 during trading on Wednesday, reaching GBX 151.83. 60,747 shares of the stock traded hands, compared to its average volume of 324,858. The firm has a market capitalization of £156.70 million, a PE ratio of -6.93 and a beta of 0.42. The company has a debt-to-equity ratio of 125.60, a current ratio of 1.55 and a quick ratio of 0.78. The business’s 50 day moving average price is GBX 141.06 and its 200-day moving average price is GBX 146.44. Midwich Group has a 52-week low of GBX 125.20 and a 52-week high of GBX 226.

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis 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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