Midwich Group (LON:MIDW) Posts Earnings Results

Midwich Group (LON:MIDW) announced its quarterly earnings results on Tuesday. The company reported GBX 3.46 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Midwich Group had a negative net margin of 1.26% and a negative return on equity of 10.30%.

Midwich Group Stock Down 0.5%

MIDW opened at GBX 149.04 on Thursday. The company has a debt-to-equity ratio of 132.80, a quick ratio of 0.78 and a current ratio of 1.53. The company has a market cap of £153.82 million, a price-to-earnings ratio of -6.80 and a beta of 0.42. Midwich Group has a one year low of GBX 125.20 and a one year high of GBX 226. The business’s fifty day moving average is GBX 141.40 and its two-hundred day moving average is GBX 146.19.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 350 target price on shares of Midwich Group in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus 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.