Midwich Group (LON:MIDW) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Midwich Group plc (LON:MIDW) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 282.83 ($3.52) and traded as low as GBX 265 ($3.30). Midwich Group shares last traded at GBX 265 ($3.30), with a volume of 805,633 shares trading hands.

Midwich Group Stock Performance

The stock has a market cap of £271.12 million, a price-to-earnings ratio of 1,204.54 and a beta of 0.66. The company’s fifty day simple moving average is GBX 282.83 and its two-hundred day simple moving average is GBX 308.60. The company has a debt-to-equity ratio of 96.77, a current ratio of 1.44 and a quick ratio of 0.78.

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.