Insider Buying: The Mission Group (LON:TMG) Insider Acquires £6,000 in Stock

The Mission Group plc (LON:TMG) insider John Carey purchased 25,000 shares of The Mission Group stock in a transaction on Thursday, October 9th. The stock was bought at an average price of GBX 24 per share, with a total value of £6,000.

The Mission Group Trading Up 1.9%

LON:TMG opened at GBX 23.95 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.12 and a debt-to-equity ratio of 25.92. The Mission Group plc has a 12 month low of GBX 17.05 and a 12 month high of GBX 33. The stock has a market capitalization of £21.70 million, a price-to-earnings ratio of -855.36 and a beta of 1.48. The firm has a fifty day simple moving average of GBX 23.24 and a two-hundred day simple moving average of GBX 24.37.

The Mission Group (LON:TMG) last issued its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (0.10) earnings per share (EPS) for the quarter. The Mission Group had a negative return on equity of 15.85% and a negative net margin of 6.14%. Analysts expect that The Mission Group plc will post 6.5925926 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 55 price objective on shares of The Mission Group in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, The Mission Group presently has a consensus rating of “Buy” and an average price target of GBX 55.

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.