The Mission Group (LON:TMG) Shares Down 3.8% – What’s Next?

Shares of The Mission Group plc (LON:TMG) traded down 3.8% on Thursday. The company traded as low as GBX 24.05 and last traded at GBX 24.05. Approximately 1,037 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 146,752 shares. The stock had previously closed at GBX 25.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 55 target price on shares of The Mission Group in a research note on Thursday, September 24th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 55.

The Mission Group Price Performance

The company has a debt-to-equity ratio of 45.36, a quick ratio of 1.12 and a current ratio of 1.14. The firm has a market capitalization of £21.79 million, a price-to-earnings ratio of -1.39 and a beta of 2.06. The business has a fifty day moving average of GBX 23.29 and a two-hundred day moving average of GBX 18.52.

The Mission Group (LON:TMG) last announced its quarterly earnings results on Tuesday, September 22nd. The company reported GBX (0.10) earnings per share (EPS) for the quarter. The Mission Group had a negative net margin of 9.38% and a negative return on equity of 26.56%. As a group, research analysts predict that The Mission Group plc will post 6.59 EPS for the current fiscal year.

Insider Activity

In related news, insider Claudine Collins purchased 51,546 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The shares were bought at an average price of GBX 19 per share, for a total transaction of £9,793.74. Company insiders own 23.12% of the company’s stock.

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. 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.