The Mission Group (LON:TMG) Posts Quarterly Earnings Results

The Mission Group (LON:TMG) announced its earnings results on Wednesday. The company reported GBX 3.80 ($0.05) EPS for the quarter, Digital Look Earnings reports. The Mission Group had a negative net margin of 6.14% and a negative return on equity of 15.85%.

The Mission Group Trading Down 10.2 %

LON:TMG opened at GBX 23.70 ($0.31) on Wednesday. The firm’s 50 day moving average is GBX 29.01 and its 200 day moving average is GBX 24.34. The Mission Group has a 12 month low of GBX 17 ($0.22) and a 12 month high of GBX 33 ($0.43). The stock has a market capitalization of £21.26 million, a PE ratio of -1.77 and a beta of 1.48. The company has a current ratio of 1.06, a quick ratio of 1.12 and a debt-to-equity ratio of 25.92.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other The Mission Group news, insider Mark Lund bought 82,000 shares of The Mission Group stock in a transaction dated Thursday, January 2nd. The stock was purchased at an average price of GBX 30 ($0.39) per share, for a total transaction of £24,600 ($31,848.78). Company insiders own 37.00% 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.