Midwich Group (LON:MIDW) Shares Pass Below Fifty Day Moving Average – What’s Next?

Midwich Group plc (LON:MIDW)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 279.75 ($3.47) and traded as low as GBX 257 ($3.19). Midwich Group shares last traded at GBX 257 ($3.19), with a volume of 200,598 shares trading hands.

Midwich Group Trading Down 0.8 %

The stock has a market cap of £260.76 million, a price-to-earnings ratio of 1,158.52 and a beta of 0.66. The business has a fifty day simple moving average of GBX 279.09 and a 200 day simple moving average of GBX 303.08. The company has a debt-to-equity ratio of 96.77, a quick ratio of 0.78 and a current ratio of 1.44.

About Midwich Group

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.