The Mission Group (LON:TMG) Stock Falls 3.8% – What’s Next?

The Mission Group plc (LON:TMG)’s stock price was down 3.8% during trading on Thursday. The stock traded as low as GBX 24.05 and last traded at GBX 24.05. 1,037 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 146,752 shares. The stock had previously closed at GBX 25.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 55 price target on shares of The Mission Group in a report on Thursday, September 24th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 55.

The Mission Group Stock Performance

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 company has a market cap of £21.79 million, a P/E ratio of -1.39 and a beta of 2.06. The company has a 50 day moving average price of GBX 23.29 and a 200-day moving average price of GBX 18.52.

The Mission Group (LON:TMG) last announced its quarterly earnings data on Tuesday, September 22nd. The company reported GBX (0.10) earnings per share for the quarter. The Mission Group had a negative return on equity of 26.56% and a negative net margin of 9.38%. On average, equities analysts expect that The Mission Group plc will post 6.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In other The Mission Group news, insider Claudine Collins bought 51,546 shares of the 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. Insiders own 23.12% of the company’s stock.

About The Mission Group

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.