Shares of Mistras Group Inc. (NYSE:MG) traded up 3.1% during mid-day trading on Thursday . The company traded as high as $25.91 and last traded at $25.90, with a volume of 52,776 shares. The stock had previously closed at $25.12.

A number of analysts recently issued reports on the company. TD Securities raised their price objective on Mistras Group from $46.00 to $49.00 and gave the stock a “buy” rating in a research report on Friday, April 29th. Zacks Investment Research raised Mistras Group from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Friday. Finally, KeyCorp downgraded Mistras Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, April 7th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Mistras Group currently has an average rating of “Buy” and a consensus target price of $32.36.

The stock has a market capitalization of $740.74 million and a P/E ratio of 31.58. The firm’s 50-day moving average is $24.66 and its 200-day moving average is $23.53.

A hedge fund recently raised its stake in Mistras Group stock. Dimensional Fund Advisors LP boosted its stake in shares of Mistras Group Inc. (NYSE:MG) by 5.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 779,195 shares of the company’s stock after buying an additional 43,647 shares during the period. Dimensional Fund Advisors LP owned approximately 2.70% of Mistras Group worth $14,875,000 as of its most recent SEC filing.

Mistras Group, Inc is a provider of asset protection solutions. The Company offers one source for asset protection solutions to its customers. The Company has three segments: Services, Products and Systems, and International. The Company’s Services segment provides asset protection solutions consisting primarily of non-destructive testing and inspection, and engineering services that are used to evaluate the structural integrity and reliability of energy, industrial and public infrastructure.

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