Midwich Group (LON:MIDW) Trading Up 0.3% – Still a Buy?

Midwich Group plc (LON:MIDW) traded up 0.3% during trading on Wednesday . The company traded as high as GBX 300 ($3.71) and last traded at GBX 292.87 ($3.63). 19,147 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 300,776 shares. The stock had previously closed at GBX 292 ($3.61).

Midwich Group Trading Up 2.4 %

The firm’s fifty day simple moving average is GBX 285.48 and its 200 day simple moving average is GBX 321.89. The stock has a market capitalization of £300.79 million, a P/E ratio of 1,336.36 and a beta of 0.66. The company has a debt-to-equity ratio of 96.77, a quick ratio of 0.78 and a current ratio of 1.44.

Insider Activity at Midwich Group

In related news, insider Stephen Fenby purchased 150,000 shares of the firm’s stock in a transaction that occurred on Monday, October 21st. The shares were bought at an average cost of GBX 273 ($3.38) per share, with a total value of £409,500 ($506,869.66). 26.21% of the stock is currently owned by insiders.

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.