Midwich Group (LON:MIDW) Reaches New 1-Year Low at $326.00

Midwich Group plc (LON:MIDW) hit a new 52-week low on Monday . The stock traded as low as GBX 326 ($4.17) and last traded at GBX 330 ($4.22), with a volume of 493902 shares trading hands. The stock had previously closed at GBX 342 ($4.37).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 620 ($7.92) price target on shares of Midwich Group in a research report on Thursday, July 18th.

Midwich Group Stock Performance

The company’s 50 day moving average price is GBX 366.21 and its 200-day moving average price is GBX 385.37. The company has a debt-to-equity ratio of 82.76, a quick ratio of 0.78 and a current ratio of 1.43. The company has a market cap of £328.16 million, a PE ratio of 1,185.19 and a beta of 0.68.

About Midwich Group

Midwich Group plc, together with its subsidiaries, distributes audio visual (AV) solutions to trade customers in the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, the Asia Pacific, and North America. The company distributes various AV categories, such as displays, projectors, technical and professional video products, audio and digital signage products, and broadcast products, as well as lighting and unified communications products.