Is Midwich Group PLC a Buy? The Stock Rises Again

 Is Midwich Group PLC a Buy? The Stock Rises Again

The stock of Midwich Group PLC (LON:MIDW) is a huge mover today! The stock increased 0.59% or GBX 1.25 on November 10, hitting GBX 213.75. About 119,839 shares traded hands or 8.84% up from the average. Midwich Group PLC (LON:MIDW) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 6 months positive chart setup for the GBX 172.79 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 333.45 PT which if reached, will make LON:MIDW worth GBX 96.76 million more.

Another recent and important Midwich Group PLC (LON:MIDW) news was published by Bloomberg.com which published an article titled: “U.K. to See New Tech IPO as FreeAgent Aims to List in London” on October 31, 2016.

Midwich Group plc is a United Kingdom is an audiovisual and document solutions distributor to the trade market. The company has a market cap of 172.79 million GBP. The Firm has a product portfolio across audiovisual categories, such as large format displays, projectors, digital signage and printers. It has a 38.4 P/E ratio. The Firm has a base of approximately 10,000 customers, most of which are professional AV integrators and information technology (IT) resellers serving sectors, such as corporate, education, retail, residential and hospitality.

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