The Mission Group (LON:TMG) Trading Up 24.2% – What’s Next?

Shares of The Mission Group plc (LON:TMGGet Free Report) traded up 24.2% during trading on Thursday . The company traded as high as GBX 20 and last traded at GBX 19.25. 3,576,377 shares traded hands during mid-day trading, an increase of 2,601% from the average daily volume of 132,418 shares. The stock had previously closed at GBX 15.50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 55 target price on shares of The Mission Group in a report on Thursday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, The Mission Group has a consensus rating of “Buy” and an average target price of GBX 55.

Check Out Our Latest Research Report on TMG

The Mission Group Trading Down 3.6%

The firm’s fifty day moving average price is GBX 17.27 and its 200-day moving average price is GBX 16.86. The company has a market cap of £16.60 million, a price-to-earnings ratio of -0.86 and a beta of 2.04. The company has a debt-to-equity ratio of 50.66, a current ratio of 1.16 and a quick ratio of 1.12.

Insider Activity

In other news, insider Jon Kempster bought 68,852 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was purchased at an average price of GBX 15 per share, for a total transaction of £10,327.80. Also, insider Claudine Collins bought 51,546 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was purchased at an average price of GBX 19 per share, with a total value of £9,793.74. Company insiders own 23.06% 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.

Further Reading

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