The Mission Group plc (LON:TMG – Get Free Report) shares were up 37.9% on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 20 and last traded at GBX 20. Approximately 587,087 shares were traded during mid-day trading, an increase of 362% from the average daily volume of 127,085 shares. The stock had previously closed at GBX 14.50.
Specifically, insider Jon Kempster acquired 68,852 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of GBX 15 per share, for a total transaction of £10,327.80.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 55 target price 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 MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 55.
The Mission Group Trading Up 37.9%
The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 50.66. The company has a 50-day simple moving average of GBX 14.29 and a 200 day simple moving average of GBX 17.35. The firm has a market cap of £18.12 million, a PE ratio of -0.94 and a beta of 2.04.
The Mission Group (LON:TMG – Get Free Report) last released its quarterly earnings data on Tuesday, March 24th. The company reported GBX 2 EPS for the quarter. The Mission Group had a negative return on equity of 28.86% and a negative net margin of 11.89%. As a group, sell-side analysts forecast that The Mission Group plc will post 6.5925926 earnings per share for the current fiscal year.
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.
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