Mistras Group, Inc. (NYSE:MG – Get Free Report) EVP Michael J. Lange sold 12,827 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $10.79, for a total value of $138,403.33. Following the completion of the transaction, the executive vice president now owns 265,176 shares in the company, valued at approximately $2,861,249.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Mistras Group Stock Performance
Shares of MG opened at $11.24 on Friday. The company has a market capitalization of $348.07 million, a PE ratio of -29.58 and a beta of 1.72. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.56 and a current ratio of 1.69. The company’s 50 day moving average price is $10.69 and its 200 day moving average price is $9.44. Mistras Group, Inc. has a 52 week low of $4.96 and a 52 week high of $12.27.
Mistras Group (NYSE:MG – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The technology company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.15 by $0.06. Mistras Group had a negative net margin of 0.74% and a positive return on equity of 9.19%. The business had revenue of $189.77 million for the quarter, compared to analysts’ expectations of $188.30 million. Research analysts expect that Mistras Group, Inc. will post 0.8 EPS for the current fiscal year.
Institutional Inflows and Outflows
Mistras Group Company Profile
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.
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