Midwich Group (LON:MIDW) Trading Down 5.2% - Should You Sell?

Midwich Group plc (LON:MIDW - Get Free Report)'s stock price dropped 5.2% during trading on Tuesday . The company traded as low as GBX 164.51 ($2.19) and last traded at GBX 199 ($2.64). Approximately 645,710 shares were traded during mid-day trading, an increase of 65% from the average daily volume of 392,209 shares. The stock had previously closed at GBX 210 ($2.79).

Midwich Group Stock Performance

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's 50 day moving average price is GBX 200.22 and its 200 day moving average price is GBX 248.80. The company has a market capitalization of £211.18 million, a P/E ratio of 9.34 and a beta of 0.66.

Midwich Group (LON:MIDW - Get Free Report) last announced its earnings results on Tuesday, March 18th. The company reported GBX 26.24 ($0.35) EPS for the quarter. Midwich Group had a net margin of 1.70% and a return on equity of 12.88%. As a group, equities analysts expect that Midwich Group plc will post 36.9099991 EPS for the current year.

Midwich Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, May 22nd will be given a dividend of GBX 7.50 ($0.10) per share. This represents a yield of 3.15%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a positive change from Midwich Group's previous dividend of $5.50. Midwich Group's dividend payout ratio (DPR) is currently 75.59%.

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.