The Mission Group (LON:TMG) Shares Down 18.4% – Should You Sell?

The Mission Group plc (LON:TMG) dropped 18.4% during trading on Tuesday . The stock traded as low as GBX 14 and last traded at GBX 15.10. Approximately 231,922 shares changed hands during trading, an increase of 213% from the average daily volume of 74,096 shares. The stock had previously closed at GBX 18.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 55 price target on shares of The Mission Group in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 55.

The Mission Group Price Performance

The business has a 50-day moving average of GBX 18.87 and a two-hundred day moving average of GBX 21.82. The company has a current ratio of 1.06, a quick ratio of 1.12 and a debt-to-equity ratio of 25.92. The firm has a market cap of £14.50 million, a P/E ratio of -5.71 and a beta of 1.48.

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.