Midwich Group (LON:MIDW) Shares Pass Below 50 Day Moving Average – Should You Sell?

Midwich Group plc (LON:MIDWGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 trading hands.

Midwich Group Stock Performance

The stock’s 50 day moving average price is GBX 276.62 and its 200 day moving average price is GBX 299.50. 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 company has a market capitalization of £255.04 million, a P/E ratio of 11.28 and a beta of 0.66.

About Midwich Group

(Get Free Report)

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.

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