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

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

Midwich Group Price Performance

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 firm has a market cap of £255.04 million, a P/E ratio of 11.28 and a beta of 0.66. The stock’s 50-day simple moving average is GBX 276.62 and its two-hundred day simple moving average is GBX 299.13.

About Midwich Group

(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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