The Mission Group (LON:TMG) Trading Up 10.3% – Here’s What Happened

The Mission Group plc (LON:TMG) shot up 10.3% during mid-day trading on Friday . The stock traded as high as GBX 21.50 ($0.29) and last traded at GBX 21.50 ($0.29). 223,331 shares changed hands during trading, an increase of 66% from the average session volume of 134,514 shares. The stock had previously closed at GBX 19.50 ($0.26).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their target price on shares of The Mission Group from GBX 62 to GBX 55 and set a “buy” rating on the stock in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 55.

The Mission Group Trading Up 4.0%

The company has a debt-to-equity ratio of 25.92, a current ratio of 1.06 and a quick ratio of 1.12. The company has a market capitalization of £20.25 million, a price-to-earnings ratio of 1,862.50 and a beta of 1.48. The business has a fifty day moving average price of GBX 24.23 and a 200 day moving average price of GBX 25.20.

About The Mission Group

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.