Barclays PLC Buys 20,482 Shares of Mistras Group, Inc. (NYSE:MG)

Barclays PLC raised its stake in shares of Mistras Group, Inc. (NYSE:MG) by 118.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 37,760 shares of the technology company’s stock after purchasing an additional 20,482 shares during the period. Barclays PLC’s holdings in Mistras Group were worth $430,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Mercer Global Advisors Inc. ADV purchased a new position in shares of Mistras Group during the 2nd quarter valued at $600,000. State Street Corp raised its holdings in Mistras Group by 4.8% during the third quarter. State Street Corp now owns 317,579 shares of the technology company’s stock valued at $3,611,000 after acquiring an additional 14,651 shares during the period. Inspire Investing LLC purchased a new position in shares of Mistras Group in the third quarter valued at about $907,000. Mill Road Capital Management LLC boosted its stake in shares of Mistras Group by 4.7% in the third quarter. Mill Road Capital Management LLC now owns 1,599,145 shares of the technology company’s stock worth $18,182,000 after acquiring an additional 72,025 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Mistras Group by 21.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,630 shares of the technology company’s stock worth $212,000 after purchasing an additional 3,327 shares in the last quarter. Hedge funds and other institutional investors own 74.92% of the company’s stock.

Mistras Group Stock Up 2.5 %

Shares of MG opened at $9.10 on Friday. Mistras Group, Inc. has a 12-month low of $7.22 and a 12-month high of $12.44. The company has a current ratio of 1.68, a quick ratio of 1.55 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $282.19 million, a PE ratio of 26.00, a price-to-earnings-growth ratio of 0.80 and a beta of 1.77. The business’s 50 day moving average is $9.17 and its 200 day moving average is $9.89.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.