Midwich Group (LON:MIDW) Releases Quarterly Earnings Results

Midwich Group (LON:MIDW) posted its quarterly earnings data 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 Stock Performance

Shares of LON:MIDW opened at GBX 163.50 on Tuesday. The company has a current ratio of 1.54, a quick ratio of 0.78 and a debt-to-equity ratio of 117.89. Midwich Group has a 12 month low of GBX 153 and a 12 month high of GBX 250. The company has a market capitalization of £168.02 million, a price-to-earnings ratio of 25.43 and a beta of 0.23. The firm’s 50-day moving average is GBX 194.50 and its 200 day moving average is GBX 185.94.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 350 price target on shares of Midwich Group in a report on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price 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.