The Mission Group (LON:TMG) Shares Up 16.7% – Here’s What Happened

The Mission Group plc (LON:TMGGet Free Report)’s stock price traded up 16.7% during mid-day trading on Friday . The stock traded as high as GBX 21 and last traded at GBX 21. 643,389 shares traded hands during trading, an increase of 390% from the average daily volume of 131,363 shares. The stock had previously closed at GBX 18.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 55 target price on shares of The Mission Group in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, The Mission Group currently has an average rating of “Buy” and a consensus price target of GBX 55.

Get Our Latest Research Report on The Mission Group

The Mission Group Stock Performance

The firm has a 50 day moving average of GBX 17.68 and a 200-day moving average of GBX 16.86. The company has a market cap of £19.03 million, a P/E ratio of -0.99 and a beta of 2.04. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 50.66.

Insider Activity

In other The Mission Group news, insider Jon Kempster acquired 68,852 shares of the stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of GBX 15 per share, with a total value of £10,327.80. Also, insider Claudine Collins purchased 51,546 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was acquired at an average price of GBX 19 per share, with a total value of £9,793.74. Corporate insiders own 23.12% 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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