Mistras Group (MG) Jumps 15.6% on January 07

Equities Staff  |

Mistras Group (MG) was among the biggest gainers on the Russell 2000 for Thursday January 07 as the stock popped 15.6% to $21.56, representing a gain of $2.91 per share. Some 341,184 shares traded hands on 2,760 trades, compared with an average daily volume of 120,221 shares out of a total float of 28.86 million. The stock opened at $20.05 and traded with an intraday range of $22.55 to $19.85.

After today's gains, Mistras Group reached a market cap of $622.25 million. Mistras Group has had a trading range between $22.76 and $12.65 over the last year, and it had a 50-day SMA of $20.01 and a 200-day SMA of $18.01.

The stock has a P/E Ratio of 26.3.

Mistras Group Inc provides technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure.

Mistras Group is based out of Princeton Junction, NJ and has some 5,700 employees. Its CEO is Sotirios J. Vahaviolos.

For a complete fundamental analysis analysis of Mistras Group, check out Equities.com’s Stock Valuation Analysis report for MG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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