The Mission Group (LON:TMG) Trading 24.2% Higher – Should You Buy?

The Mission Group plc (LON:TMGGet Free Report)’s stock price traded up 24.2% during mid-day trading on Thursday . The company traded as high as GBX 20 and last traded at GBX 19.25. Approximately 3,576,377 shares changed hands during trading, an increase of 2,601% from the average daily volume of 132,418 shares. The stock had previously closed at GBX 15.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 55 price target on shares of The Mission Group in a research report on Thursday. One research analyst has rated the stock with a Buy rating, According to MarketBeat, The Mission Group presently has an average rating of “Buy” and an average target price of GBX 55.

View Our Latest Stock Analysis on The Mission Group

The Mission Group Price Performance

The stock has a market capitalization of £17.44 million, a price-to-earnings ratio of -0.90 and a beta of 2.04. The company’s 50-day simple moving average is GBX 17.07 and its 200-day simple moving average is GBX 16.85. The company has a debt-to-equity ratio of 50.66, a current ratio of 1.16 and a quick ratio of 1.12.

Insider Activity

In other The Mission Group news, insider Jon Kempster purchased 68,852 shares of the firm’s stock in a transaction that occurred 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.

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