Midwich Group (LON:MIDW) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Midwich Group plc (LON:MIDW - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 269.83 ($3.49) and traded as low as GBX 229.55 ($2.97). Midwich Group shares last traded at GBX 231 ($2.99), with a volume of 57,550 shares trading hands.

Midwich Group Stock Up 1.0 %

The business's fifty day moving average price is GBX 266.65 and its 200 day moving average price is GBX 290.55. 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 firm has a market capitalization of £243.86 million, a PE ratio of 10.78 and a beta of 0.66.

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.