The Mission Group (LON:TMG) Shares Down 3.3% – What’s Next?

Shares of The Mission Group plc (LON:TMG) traded down 3.3% during mid-day trading on Thursday . The company traded as low as GBX 17.40 and last traded at GBX 17.40. Approximately 3,810 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 109,392 shares. The stock had previously closed at GBX 18.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 55 price target on shares of The Mission Group in a report on Tuesday, March 24th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 55.

The Mission Group Stock Performance

The company has a debt-to-equity ratio of 50.66, a quick ratio of 1.12 and a current ratio of 1.16. The firm’s 50-day moving average price is GBX 16.19 and its two-hundred day moving average price is GBX 17.09. The stock has a market cap of £15.76 million, a price-to-earnings ratio of -0.82 and a beta of 2.06.

Insider Buying and Selling

In other news, insider Jon Kempster bought 68,852 shares of The Mission Group stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of GBX 15 per share, with a total value of £10,327.80. 23.06% of the stock is owned by company insiders.

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.