Midwich Group (LON:MIDW) Stock Passes Below 50-Day Moving Average - Should You Sell?

Shares of Midwich Group plc (LON:MIDW - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 276.62 ($3.48) and traded as low as GBX 253.61 ($3.19). Midwich Group shares last traded at GBX 253.61 ($3.19), with a volume of 696,400 shares traded.

Midwich Group Stock Performance

The company's 50 day simple moving average is GBX 274.82 and its 200 day simple moving average is GBX 297.51. The company has a debt-to-equity ratio of 105.39, a quick ratio of 0.78 and a current ratio of 1.44. The stock has a market cap of £249.40 million, a PE ratio of 11.03 and a beta of 0.66.

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.