The Mission Group (LON:TMG) Trading 8.4% Higher – Time to Buy?

The Mission Group plc (LON:TMGGet Free Report)’s stock price rose 8.4% during trading on Tuesday . The company traded as high as GBX 28 and last traded at GBX 27.65. Approximately 745,376 shares changed hands during mid-day trading, an increase of 439% from the average session volume of 138,314 shares. The stock had previously closed at GBX 25.50.

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 report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 55.

View Our Latest Stock Report on The Mission Group

The Mission Group Trading Up 8.4%

The company has a market capitalization of £25.05 million, a price-to-earnings ratio of -1.30 and a beta of 2.06. The company has a fifty day moving average of GBX 20.24 and a 200-day moving average of GBX 17.44. 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 earnings results 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 28.86% and a negative net margin of 11.89%. As a group, equities research analysts anticipate that The Mission Group plc will post 6.5925926 earnings per share for the current fiscal year.

Insider Transactions at The Mission Group

In other news, insider Claudine Collins purchased 51,546 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were bought at an average cost of GBX 19 per share, for a total transaction of £9,793.74. 23.12% of the stock is currently owned by insiders.

The Mission Group Company Profile

(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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