The Mission Group (LON:TMG) Trading Up 8.4% – Time to Buy?

The Mission Group plc (LON:TMGGet Free Report)’s share price traded up 8.4% during mid-day trading on Tuesday . The stock traded as high as GBX 28 and last traded at GBX 27.65. Approximately 745,376 shares changed hands during trading, an increase of 439% from the average daily volume of 138,314 shares. The stock had previously closed at GBX 25.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 55 target price on shares of The Mission Group in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 55.

Check Out Our Latest Stock Analysis on The Mission Group

The Mission Group Stock Down 3.6%

The company has a current ratio of 1.14, a quick ratio of 1.12 and a debt-to-equity ratio of 45.36. The stock has a market capitalization of £24.46 million, a PE ratio of -1.27 and a beta of 2.06. The stock’s fifty day simple moving average is GBX 20.68 and its 200-day simple moving average is GBX 17.56.

The Mission Group (LON:TMGGet Free Report) last released its earnings results on Tuesday, September 22nd. The company reported GBX (0.10) earnings per share for the quarter. The Mission Group had a negative net margin of 9.38% and a negative return on equity of 26.56%. As a group, sell-side analysts forecast that The Mission Group plc will post 6.5925926 EPS for the current fiscal year.

Insider Buying and Selling at The Mission Group

In other news, insider Claudine Collins purchased 51,546 shares of the company’s stock in a transaction on Thursday, July 23rd. The stock was purchased at an average price of GBX 19 per share, with a total value of £9,793.74. Company insiders own 23.12% of the company’s stock.

About The Mission Group

(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. Creating real standout, sharing real innovation and delivering real growth for some of the world’s biggest brands.

www.themission.co.uk

Why invest in MISSION?

With a robust business model, a strong track record and a far-reaching programme of growth, there are many good reasons to invest in MISSION.

Further Reading

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