Mistras Group, Inc. (NYSE:MG) Director Richard H. Glanton sold 4,357 shares of the business’s stock in a transaction on Monday, September 20th. The shares were sold at an average price of $9.04, for a total transaction of $39,387.28. The sale was disclosed in a document filed with the SEC, which is available through this link.
NYSE MG opened at $9.76 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 1.01. Mistras Group, Inc. has a 1-year low of $3.69 and a 1-year high of $12.57. The firm’s fifty day simple moving average is $9.89 and its 200-day simple moving average is $10.38. The company has a market capitalization of $287.26 million, a PE ratio of 122.02 and a beta of 2.15.
Mistras Group (NYSE:MG) last issued its earnings results on Sunday, August 1st. The technology company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.14. The company had revenue of $177.68 million for the quarter, compared to analyst estimates of $165.90 million. Mistras Group had a return on equity of 2.80% and a net margin of 0.36%. As a group, analysts predict that Mistras Group, Inc. will post 0.34 EPS for the current year.
Several research analysts recently weighed in on MG shares. TheStreet raised Mistras Group from a “d+” rating to a “c” rating in a research report on Tuesday, August 3rd. Zacks Investment Research raised shares of Mistras Group from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research report on Thursday, August 5th.
Mistras Group Company Profile
MISTRAS Group, Inc engages in the provision of technology-enabled asset protection solutions. The firm serves the oil and gas, aerospace, power, infrastructure, and manufacturing markets. It operates through the following segments: Services, International, and Products and Systems. The Services segment provides asset protection solutions primarily in North America, consisting primarily of non-destructive testing, inspection, mechanical, and engineering services.
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