Midwich Group (LON:MIDW) Sets New 1-Year Low - Should You Sell?

Midwich Group plc (LON:MIDW - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 172.50 ($2.27) and last traded at GBX 176.50 ($2.33), with a volume of 790526 shares trading hands. The stock had previously closed at GBX 187 ($2.47).

Midwich Group Trading Down 2.2 %

The company has a current ratio of 1.44, a quick ratio of 0.78 and a debt-to-equity ratio of 105.39. The stock has a market cap of £180.51 million, a P/E ratio of 7.98 and a beta of 0.66. The company has a 50-day moving average price of GBX 226.14 and a two-hundred day moving average price of GBX 266.65.

Midwich Group (LON:MIDW - Get Free Report) last posted its quarterly earnings data on Tuesday, March 18th. The company reported GBX 26.24 ($0.35) earnings per share (EPS) for the quarter. Midwich Group had a return on equity of 12.88% and a net margin of 1.70%. On average, research analysts expect that Midwich Group plc will post 36.9099991 EPS for the current fiscal year.

Midwich Group Increases Dividend

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

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.