Midwich Group (LON:MIDW) Trading Up 8.5% – Here’s Why

Midwich Group plc (LON:MIDWGet Free Report) shares were up 8.5% during mid-day trading on Friday . The company traded as high as GBX 283 ($3.56) and last traded at GBX 280 ($3.52). Approximately 399,824 shares were traded during mid-day trading, an increase of 76% from the average daily volume of 227,702 shares. The stock had previously closed at GBX 258 ($3.25).

Midwich Group Price Performance

The company has a quick ratio of 0.78, a current ratio of 1.44 and a debt-to-equity ratio of 105.39. The firm has a market cap of £255.04 million, a PE ratio of 11.28 and a beta of 0.66. The firm’s fifty day simple moving average is GBX 276.62 and its two-hundred day simple moving average is GBX 299.13.

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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