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

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

The Mission Group Stock Performance

TMG stock traded down GBX 2.40 ($0.03) on Wednesday, hitting GBX 24 ($0.31). The company had a trading volume of 1,038,122 shares, compared to its average volume of 216,154. The stock has a market cap of £21.53 million, a price-to-earnings ratio of -1.79 and a beta of 1.48. 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 stock’s 50-day simple moving average is GBX 29.01 and its 200 day simple moving average is GBX 24.34. The Mission Group has a 12-month low of GBX 17 ($0.22) and a 12-month high of GBX 33 ($0.43).

Insider Buying and Selling at The Mission Group

In other news, insider Mark Lund purchased 82,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was acquired at an average cost of GBX 30 ($0.39) per share, for a total transaction of £24,600 ($31,848.78). Company insiders own 37.00% of the company’s stock.

Analysts Set New Price Targets

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