The Mission Group (LON:TMG) Stock Price Up 19.4% – Still a Buy?

The Mission Group plc (LON:TMG)’s stock price rose 19.4% on Thursday . The company traded as high as GBX 29.50 ($0.37) and last traded at GBX 28.65 ($0.36). Approximately 109,052 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 138,793 shares. The stock had previously closed at GBX 24 ($0.30).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 55 ($0.68) price objective on shares of The Mission Group in a research note on Thursday.

The Mission Group Stock Performance

The firm’s fifty day simple moving average is GBX 21.54 and its 200 day simple moving average is GBX 22.09. The company has a market capitalization of £24.53 million, a PE ratio of -207.69 and a beta of 1.48. The company has a debt-to-equity ratio of 45.49, a current ratio of 1.07 and a quick ratio of 1.12.

Insider Transactions at The Mission Group

In other news, insider Mark Lund bought 82,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was purchased at an average cost of GBX 30 ($0.37) per share, for a total transaction of £24,600 ($30,559.01). 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.