The Mission Group (LON:TMG) Shares Up 15.6% – Here’s What Happened

Posted by Grant Hamersma on Jan 15th, 2025

The Mission Group plc (LON:TMG – Get Free Report) shares shot up 15.6% during mid-day trading on Monday . The company traded as high as GBX 32 ($0.39) and last traded at GBX 31.50 ($0.38). 153,791 shares were traded during mid-day trading, a decline of 77% from the average session volume of 676,766 shares. The stock had previously closed at GBX 27.25 ($0.33).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 55 ($0.67) price target on shares of The Mission Group in a report on Thursday, January 2nd.

Check Out Our Latest Analysis on TMG

The Mission Group Price Performance

The stock’s fifty day moving average price is GBX 22.81 and its 200-day moving average price is GBX 22.47. The company has a debt-to-equity ratio of 45.49, a quick ratio of 1.12 and a current ratio of 1.07. The firm has a market cap of £28.16 million, a PE ratio of -238.46 and a beta of 1.48.

Insider Activity

In other news, insider Mark Lund purchased 82,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were bought at an average cost of GBX 30 ($0.37) per share, with a total value of £24,600 ($30,032.96). Insiders own 37.00% of the company’s stock.

The Mission Group Company Profile

(Get Free Report)

MISSION is a collective of Creative and MarTech Agencies led by entrepreneurs who encourage an independent spirit. Employing 1,000 people across 28 locations and 3 continents, the Group successfully combines its diverse expertise to produce Work That Counts TM for our Clients, whatever their ambitions.