Midwich Group (LON:MIDW) Stock: Insider Adam Councell Buys 74,586 Shares

Midwich Group plc (LON:MIDW) insider Adam Councell acquired 74,586 shares of the firm’s stock in a transaction on Monday, September 28th. The shares were bought at an average cost of GBX 167 per share, with a total value of £124,558.62.

Midwich Group Price Performance

MIDW opened at GBX 178 on Tuesday. The company has a market capitalization of £183.71 million, a P/E ratio of -8.12 and a beta of 0.42. The company has a 50-day moving average of GBX 143.19 and a 200-day moving average of GBX 145.70. The company has a debt-to-equity ratio of 132.80, a quick ratio of 0.78 and a current ratio of 1.53. Midwich Group plc has a 1-year low of GBX 125.20 and a 1-year high of GBX 226.

Midwich Group (LON:MIDW) last posted its quarterly earnings results on Tuesday, September 22nd. The company reported GBX 3.46 EPS for the quarter. Midwich Group had a negative return on equity of 10.30% and a negative net margin of 1.26%. Equities analysts expect that Midwich Group plc will post 36.9099991 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 350 target price on shares of Midwich Group in a research report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Midwich Group has an average rating of “Buy” and a consensus price target of GBX 350.

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.