The Mission Group (LON:TMG) Stock Price Down 0.8% – Here’s What Happened

The Mission Group plc (LON:TMG)’s stock price dropped 0.8% during mid-day trading on Tuesday . The company traded as low as GBX 30.25 ($0.38) and last traded at GBX 30.25 ($0.38). Approximately 10,000 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 327,852 shares. The stock had previously closed at GBX 30.50 ($0.38).

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised shares of The Mission Group to a “buy” rating and raised their price target for the stock from GBX 55 ($0.68) to GBX 62 ($0.77) in a research note on Tuesday, January 21st.

The Mission Group Price Performance

The company has a market capitalization of £27.48 million, a price-to-earnings ratio of -232.69 and a beta of 1.48. The company has a fifty day simple moving average of GBX 27.15 and a two-hundred day simple moving average of GBX 23.47. The company has a debt-to-equity ratio of 45.49, a quick ratio of 1.12 and a current ratio of 1.07.

Insider Activity at The Mission Group

In related news, insider Mark Lund bought 82,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were acquired at an average cost of GBX 30 ($0.37) per share, with a total value of £24,600 ($30,631.30). 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.