The Mission Group (LON:TMG) Trading Down 18.4% – Here’s Why

The Mission Group plc (LON:TMG)’s share price was down 18.4% during trading on Tuesday . The company traded as low as GBX 14 and last traded at GBX 15.10. Approximately 231,922 shares changed hands during trading, an increase of 213% from the average daily volume of 74,096 shares. The stock had previously closed at GBX 18.50.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 55 target price on shares of The Mission Group in a report on Tuesday, September 23rd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 55.

The Mission Group Stock Down 13.5%

The firm has a 50 day simple moving average of GBX 18.87 and a two-hundred day simple moving average of GBX 21.82. The stock has a market capitalization of £14.50 million, a P/E ratio of -5.71 and a beta of 1.48. The company has a quick ratio of 1.12, a current ratio of 1.06 and a debt-to-equity ratio of 25.92.

The Mission Group Company Profile

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. Creating real standout, sharing real innovation and delivering real growth for some of the world’s biggest brands.

www.themission.co.uk

Why invest in MISSION?

With a robust business model, a strong track record and a far-reaching programme of growth, there are many good reasons to invest in MISSION.