The Mission Group (LON:TMG) Releases Quarterly Earnings Results

The Mission Group (LON:TMG) announced its earnings results on Wednesday. The company reported GBX 3.80 ($0.05) EPS for the quarter, Digital Look Earnings reports. The Mission Group had a negative return on equity of 15.85% and a negative net margin of 6.14%.

The Mission Group Price Performance

Shares of TMG stock traded down GBX 2.40 ($0.03) during mid-day trading on Wednesday, hitting GBX 24 ($0.31). The company had a trading volume of 1,038,122 shares, compared to its average volume of 216,154. The company has a market capitalization of £21.53 million, a P/E ratio of -1.79 and a beta of 1.48. The stock’s 50 day moving average price is GBX 29.01 and its 200-day moving average price is GBX 24.34. The Mission Group has a 52-week low of GBX 17 ($0.22) and a 52-week high of GBX 33 ($0.43). The company has a debt-to-equity ratio of 25.92, a current ratio of 1.06 and a quick ratio of 1.12.

Insider Transactions at The Mission Group

In related news, insider Mark Lund bought 82,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were purchased at an average price of GBX 30 ($0.39) per share, with a total value of £24,600 ($31,848.78). Insiders own 37.00% of the company’s stock.

Analyst Ratings Changes

Separately, Canaccord Genuity Group upgraded The Mission Group to a “buy” rating and upped their price target for the stock from GBX 55 ($0.71) to GBX 62 ($0.80) in a research report on Tuesday, January 21st.

The Mission Group Company Profile

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.