Midwich Group (LON:MIDW) Releases Earnings Results

Midwich Group (LON:MIDW) issued its quarterly earnings data on Tuesday. The company reported GBX 22.37 EPS for the quarter, Digital Look Earnings reports. Midwich Group had a return on equity of 4.57% and a net margin of 0.83%.

Midwich Group Price Performance

Shares of Midwich Group stock opened at GBX 164 on Tuesday. The company has a debt-to-equity ratio of 117.89, a quick ratio of 0.78 and a current ratio of 1.54. The stock’s fifty day moving average is GBX 194.50 and its 200 day moving average is GBX 185.94. The stock has a market cap of £168.54 million, a P/E ratio of 25.51 and a beta of 0.23. Midwich Group has a one year low of GBX 153 and a one year high of GBX 250.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 350 target price on shares of Midwich Group in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 350.

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.