Midwich Group (LON:MIDW) Releases Quarterly Earnings Results

Midwich Group (LON:MIDW) issued its quarterly earnings results on Tuesday. The company reported GBX 22.37 earnings per share (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 MIDW stock opened at GBX 163.50 on Tuesday. The company has a debt-to-equity ratio of 117.89, a current ratio of 1.54 and a quick ratio of 0.78. The company has a market capitalization of £168.02 million, a P/E ratio of 25.43 and a beta of 0.23. The company’s 50-day simple moving average is GBX 194.50 and its two-hundred day simple moving average is GBX 185.94. 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 reaffirmed a “buy” rating and issued a GBX 350 price objective on shares of Midwich Group in a research report on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Midwich Group has a consensus rating of “Buy” and an average price target of GBX 350.

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.