Midwich Group (LON:MIDW) Sets New 1-Year Low – Time to Sell?

Midwich Group plc (LON:MIDW)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 204 ($2.64) and last traded at GBX 206.39 ($2.67), with a volume of 1239996 shares trading hands. The stock had previously closed at GBX 211 ($2.73).

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’s fifty day moving average price is GBX 252.49 and its 200-day moving average price is GBX 281.22. The stock has a market cap of £207.55 million, a P/E ratio of 9.18 and a beta of 0.66.

Midwich Group (LON:MIDW) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 26.24 ($0.34) earnings per share (EPS) for the quarter. Midwich Group had a net margin of 1.70% and a return on equity of 12.88%. Analysts forecast that Midwich Group plc will post 36.9099991 earnings per share for the current year.

Midwich Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, May 22nd will be given a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date is Thursday, May 22nd. This is a positive change from Midwich Group’s previous dividend of $5.50. This represents a dividend yield of 3.15%. Midwich Group’s payout ratio is currently 75.59%.

Midwich Group Company Profile

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.