Mistras Group Inc (NYSE:MG) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 15, 2016
Zacks Investment Research has downgraded Mistras Group Inc (NYSE:MG) to Strong Sell in a statement released on Wednesday October 12, 2016.
Boasting a price of $20.09, Mistras Group Inc (NYSE:MG) traded 1.63% higher on the day. With the last stock price close down -15.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Mistras Group Inc has recorded a 50-day average of $23.21 and a two hundred day average of $24.26. Volume of trade was up over the average, with 214,914 shares of MG changing hands over the typical 110,509
With a total market value of $0, Mistras Group Inc has price-earnings ratio of 25.43 with a one year low of $18.13 and a one year high of $26.47 .
A total of 6 equity analysts have released a ratings update on MG. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $26.17.
Brief Synopsis About Mistras Group Inc (NYSE:MG)
Mistras Group, Inc. offers asset protection solutions and is a provider of technology-enabled asset protection solutions used to evaluate the structural integrity and reliability of critical energy, industrial and public infrastructure. The Company's segments are Services segment, which provides asset protection solutions in North America with concentration on the United States along with a Canadian services business, consisting of non-destructive testing, and inspection and engineering services that are used to evaluate structural integrity and reliability of critical energy, industrial and public infrastructure; International segment, which offers services, products and systems similar to those of its Services and Products and Systems segments to markets in Europe, the Middle East, Africa, Asia and South America, and Products and Systems segment, which designs, manufactures, sells, installs and services asset protection products and systems, including equipment and instrumentation.
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