The Mission Group (LON:TMG) Stock Price Down 3.3% – Here’s What Happened

The Mission Group plc (LON:TMG)’s stock price fell 3.3% during trading on Thursday . The stock traded as low as GBX 17.40 and last traded at GBX 17.40. 3,810 shares changed hands during trading, a decline of 97% from the average session volume of 109,392 shares. The stock had previously closed at GBX 18.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 55 target price on shares of The Mission Group in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 55.

The Mission Group Stock Performance

The company has a market cap of £15.76 million, a price-to-earnings ratio of -0.82 and a beta of 2.06. The firm’s 50 day simple moving average is GBX 16.19 and its 200-day simple moving average is GBX 17.09. The company has a debt-to-equity ratio of 50.66, a quick ratio of 1.12 and a current ratio of 1.16.

Insider Buying and Selling at The Mission Group

In other The Mission Group news, insider Jon Kempster purchased 68,852 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of GBX 15 per share, for a total transaction of £10,327.80. Corporate insiders own 23.06% of the company’s stock.

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.