The Mission Group (LON:TMG) Shares Down 8.7% – Time to Sell?

The Mission Group plc (LON:TMG)’s share price fell 8.7% during trading on Wednesday . The stock traded as low as GBX 24 ($0.31) and last traded at GBX 24.10 ($0.31). 614,107 shares were traded during mid-day trading, an increase of 194% from the average session volume of 209,087 shares. The stock had previously closed at GBX 26.40 ($0.34).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded The Mission Group to a “buy” rating and increased their target price for the stock from GBX 55 ($0.71) to GBX 62 ($0.80) in a research note on Tuesday, January 21st.

The Mission Group Trading Down 1.7 %

The stock’s 50-day moving average price is GBX 28.67 and its 200 day moving average price is GBX 24.33. The company has a debt-to-equity ratio of 25.92, a current ratio of 1.06 and a quick ratio of 1.12. The firm has a market capitalization of £21.17 million, a PE ratio of -1.76 and a beta of 1.48.

The Mission Group (LON:TMG) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 3.80 ($0.05) EPS for the quarter. The Mission Group had a negative return on equity of 15.85% and a negative net margin of 6.14%. On average, sell-side analysts expect that The Mission Group plc will post 6.5925926 EPS for the current fiscal year.

Insider Activity at The Mission Group

In other The Mission Group news, insider Mark Lund bought 82,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were acquired at an average price of GBX 30 ($0.39) per share, with a total value of £24,600 ($31,848.78). 37.00% of the stock is currently owned by corporate insiders.

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.