The Mission Group (LON:TMG) Stock Price Up 24.2% – What’s Next?

The Mission Group plc (LON:TMGGet Free Report) shot up 24.2% on Thursday . The company traded as high as GBX 20 and last traded at GBX 19.25. Approximately 3,576,377 shares were traded during mid-day trading, an increase of 2,601% from the average daily volume of 132,418 shares. The stock had previously closed at GBX 15.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 55 price objective on shares of The Mission Group in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, The Mission Group currently has an average rating of “Buy” and an average price target of GBX 55.

View Our Latest Stock Analysis on The Mission Group

The Mission Group Trading Up 24.2%

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 firm has a market capitalization of £17.44 million, a price-to-earnings ratio of -0.90 and a beta of 2.04. The firm’s 50-day moving average is GBX 17.07 and its 200 day moving average is GBX 16.85.

Insider Activity at The Mission Group

In related news, insider Jon Kempster purchased 68,852 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average price of GBX 15 per share, with a total value of £10,327.80. Company insiders own 23.06% of the company’s stock.

About The Mission Group

(Get Free Report)

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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