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Mistras Group (NYSE:MG) Director Richard H. Glanton sold 1,701 shares of the stock on the open market in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $20.98, for a total value of $35,686.98. Following the completion of the sale, the director now directly owns 5,944 shares in the company, valued at approximately $124,705. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Mistras Group (NYSE:MG) traded down 0.51% during mid-day trading on Friday, hitting $21.27. 3,900 shares of the company’s stock traded hands. Mistras Group has a one year low of $15.99 and a one year high of $25.48. The stock’s 50-day moving average is $22.27 and its 200-day moving average is $22.77. The company has a market cap of $605.3 million and a P/E ratio of 27.77.

Mistras Group (NYSE:MG) last released its earnings data on Wednesday, August 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.06. The company had revenue of $179.10 million for the quarter, compared to the consensus estimate of $166.74 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 23.9% on a year-over-year basis. On average, analysts predict that Mistras Group will post $0.92 earnings per share for the current fiscal year.

Separately, analysts at Zacks downgraded shares of Mistras Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 12th. They now have a $21.10 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. Mistras Group has a consensus rating of “Hold” and an average price target of $25.03.

Mistras Group, Inc offers its customers one source for asset protection solutions and is a global provider of technology-enabled asset protection solutions used to evaluate the structural integrity and reliability of critical energy, industrial and public infrastructure.

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