Mistras Group Upgraded to Buy at TheStreet (MG)
Mistras Group (NYSE:MG) was upgraded by analysts at TheStreet to a “buy” rating in a research report issued to clients and investors on Thursday, ARN reports.
Mistras Group (NYSE:MG) traded down 0.57% on Thursday, hitting $20.76. The stock had a trading volume of 46,642 shares. Mistras Group has a 52-week low of $15.99 and a 52-week high of $25.35. The stock has a 50-day moving average of $19.95 and a 200-day moving average of $18.50. The company has a market cap of $589.1 million and a P/E ratio of 47.45.
Mistras Group (NYSE:MG) last posted its quarterly earnings results on Wednesday, October 9th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.07. The company had revenue of $135.80 million for the quarter, compared to the consensus estimate of $130.10 million. During the same quarter last year, the company posted $0.15 earnings per share. Mistras Group’s revenue was up 19.8% compared to the same quarter last year.
Mistras Group, Inc (NYSE:MG) is a global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure.
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