The Mission Group (LON:TMG) Posts Quarterly Earnings Results

The Mission Group (LON:TMG) announced its quarterly earnings data on Wednesday. The company reported GBX 3.80 ($0.05) EPS for the quarter, Digital Look Earnings reports. The Mission Group had a negative net margin of 6.14% and a negative return on equity of 15.85%.

The Mission Group Price Performance

Shares of The Mission Group stock traded up GBX 0.56 ($0.01) during midday trading on Friday, hitting GBX 24.56 ($0.32). 44,622 shares of the company traded hands, compared to its average volume of 204,906. The firm’s fifty day moving average price is GBX 28.67 and its 200-day moving average price is GBX 24.33. The stock has a market cap of £22.03 million, a price-to-earnings ratio of -1.83 and a beta of 1.48. The Mission Group has a 12 month low of GBX 17 ($0.22) and a 12 month high of GBX 33 ($0.43). The company has a debt-to-equity ratio of 25.92, a quick ratio of 1.12 and a current ratio of 1.06.

Insider Activity at The Mission Group

In other news, insider Mark Lund acquired 82,000 shares of The Mission Group stock in a transaction that occurred on Thursday, January 2nd. The shares were acquired at an average price of GBX 30 ($0.39) per share, for a total transaction of £24,600 ($31,848.78). 37.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised The Mission Group to a “buy” rating and boosted their price target for the stock from GBX 55 ($0.71) to GBX 62 ($0.80) in a report on Tuesday, January 21st.

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.