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

Midwich Group plc (LON:MIDW - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 172 ($2.29) and last traded at GBX 182 ($2.42), with a volume of 665269 shares changing hands. The stock had previously closed at GBX 179.50 ($2.39).

Midwich Group Stock Up 1.4 %

The company has a quick ratio of 0.78, a current ratio of 1.44 and a debt-to-equity ratio of 105.39. The stock has a 50-day simple moving average of GBX 219.98 and a 200-day simple moving average of GBX 263.05. The firm has a market capitalization of £178.50 million, a PE ratio of 7.89 and a beta of 0.66.

Midwich Group (LON:MIDW - Get Free Report) last announced 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%. Analysts forecast that Midwich Group plc will post 36.9099991 EPS for the current year.

Midwich Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, May 22nd will be paid a GBX 7.50 ($0.10) dividend. This represents a yield of 3.15%. This is a positive change from Midwich Group's previous dividend of $5.50. The ex-dividend date of this dividend is Thursday, May 22nd. Midwich Group's payout ratio is currently 75.59%.

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.