Mistras Group, Inc. (NYSE:MG – Get Free Report) EVP Michael J. Lange sold 24,706 shares of Mistras Group stock in a transaction on Friday, September 20th. The stock was sold at an average price of $11.02, for a total value of $272,260.12. Following the sale, the executive vice president now owns 278,003 shares in the company, valued at $3,063,593.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Mistras Group Trading Up 3.7 %
Shares of Mistras Group stock opened at $11.28 on Monday. The firm has a market cap of $349.31 million, a PE ratio of -29.68 and a beta of 1.72. Mistras Group, Inc. has a 1 year low of $4.96 and a 1 year high of $12.27. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.69 and a quick ratio of 1.56. The stock has a fifty day moving average price of $10.56 and a 200-day moving average price of $9.40.
Mistras Group (NYSE:MG – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.06. The business had revenue of $189.77 million during the quarter, compared to the consensus estimate of $188.30 million. Mistras Group had a negative net margin of 0.74% and a positive return on equity of 9.19%. Equities research analysts anticipate that Mistras Group, Inc. will post 0.8 EPS for the current year.
Institutional Investors Weigh In On Mistras Group
About Mistras Group
Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.
Recommended Stories
- Five stocks we like better than Mistras Group
- Where to Find Earnings Call Transcripts
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Trading Halts Explained
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- How to Use the MarketBeat Dividend Calculator
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for Mistras Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mistras Group and related companies with MarketBeat.com's FREE daily email newsletter.