The Mission Group (LON:TMG) Shares Down 2.3% – Here’s Why

Shares of The Mission Group plc (LON:TMGGet Free Report) were down 2.3% during mid-day trading on Thursday . The stock traded as low as GBX 17 and last traded at GBX 17.10. Approximately 54,862 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 117,834 shares. The stock had previously closed at GBX 17.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 55 target price on shares of The Mission Group in a report on Tuesday, March 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 55.

View Our Latest Stock Analysis on The Mission Group

The Mission Group Stock Performance

The business’s 50 day simple moving average is GBX 14.65 and its two-hundred day simple moving average is GBX 17.15. The firm has a market capitalization of £15.49 million, a PE ratio of -0.80 and a beta of 1.99. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 50.66.

The Mission Group (LON:TMGGet Free Report) last released its quarterly earnings results on Tuesday, March 24th. The company reported GBX 2 EPS for the quarter. The Mission Group had a negative net margin of 11.89% and a negative return on equity of 28.86%. Research analysts expect that The Mission Group plc will post 6.5925926 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other The Mission Group news, insider Jon Kempster purchased 68,852 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average cost of GBX 15 per share, for a total transaction of £10,327.80. Insiders own 23.06% 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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