The Mission Group (LON:TMG) Shares Down 5.2% – Should You Sell?

Shares of The Mission Group plc (LON:TMG) traded down 5.2% on Tuesday . The company traded as low as GBX 25.10 ($0.32) and last traded at GBX 25.12 ($0.32). 76,293 shares changed hands during trading, a decline of 69% from the average session volume of 243,574 shares. The stock had previously closed at GBX 26.50 ($0.34).

Analyst Ratings Changes

Separately, Canaccord Genuity Group upgraded The Mission Group to a “buy” rating and increased their price target for the company from GBX 55 ($0.70) to GBX 62 ($0.79) in a research note on Tuesday, January 21st.

The Mission Group Stock Up 0.8 %

The firm has a market cap of £23.05 million, a P/E ratio of -1.92 and a beta of 1.48. The firm’s fifty day moving average is GBX 28.95 and its 200 day moving average is GBX 23.99. The company has a debt-to-equity ratio of 25.92, a quick ratio of 1.12 and a current ratio of 1.06.

Insiders Place Their Bets

In other The Mission Group news, insider Mark Lund bought 82,000 shares of The Mission Group stock in a transaction dated Thursday, January 2nd. The stock was bought at an average price of GBX 30 ($0.38) per share, with a total value of £24,600 ($31,469.87). Company insiders own 37.00% of the company’s stock.

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.