The Mission Group (LON:TMG) Trading Up 4.5% – Should You Buy?

Shares of The Mission Group plc (LON:TMG) rose 4.5% on Wednesday . The stock traded as high as GBX 23 ($0.31) and last traded at GBX 23 ($0.31). Approximately 50,656 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 187,249 shares. The stock had previously closed at GBX 22 ($0.29).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded shares of The Mission Group to a “buy” rating and boosted their price target for the stock from GBX 55 ($0.73) to GBX 62 ($0.82) in a research report on Tuesday, January 21st.

The Mission Group Stock Performance

The company has a market cap of £19.47 million, a P/E ratio of -1.62 and a beta of 1.48. The company’s 50-day moving average price is GBX 25.89 and its two-hundred day moving average price is GBX 24.28. The company has a current ratio of 1.06, a quick ratio of 1.12 and a debt-to-equity ratio of 25.92.

The Mission Group (LON:TMG) last posted its quarterly earnings data on Wednesday, March 26th. The company reported GBX 3.80 ($0.05) earnings per share (EPS) for the quarter. The Mission Group had a negative return on equity of 15.85% and a negative net margin of 6.14%. As a group, equities analysts forecast that The Mission Group plc will post 6.5925926 earnings per share for the current year.

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.