The Mission Group’s (TMG) “Speculative Buy” Rating Reiterated at Canaccord Genuity Group

The Mission Group (LON:TMG)‘s stock had its “speculative buy” rating reaffirmed by Canaccord Genuity Group in a research note issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 55 ($0.68) target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 103.70% from the company’s previous close.

The Mission Group Price Performance

Shares of The Mission Group stock opened at GBX 27 ($0.34) on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.07 and a debt-to-equity ratio of 45.49. The Mission Group has a 52-week low of GBX 17 ($0.21) and a 52-week high of GBX 30 ($0.37). The company has a market capitalization of £24.53 million, a P/E ratio of -207.69 and a beta of 1.48. The company has a 50 day moving average of GBX 21.54 and a 200 day moving average of GBX 22.09.

Insider Buying and Selling

In other The Mission Group news, insider Mark Lund purchased 82,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was purchased at an average cost of GBX 30 ($0.37) per share, with a total value of £24,600 ($30,559.01). 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.