Mistras Group Reaches New 52-Week High (MG)

NEW YORK ( TheStreet) -- Mistras Group (NYSE: MG) hit a new 52-week high Wednesday as it is currently trading at $20.90, above its previous 52-week high of $20.82 with 139,275 shares traded as of 2:56 p.m. ET. Average volume has been 181,200 shares over the past 30 days.

Mistras Group has a market cap of $498.1 million and is part of the services sector and diversified services industry. Shares are up 33.5% year to date as of the close of trading on Tuesday.

Mistras Group, Inc. provides technology-enabled asset protection solutions to evaluate the structural integrity and reliability of critical energy, industrial, and public infrastructure worldwide. The company has a P/E ratio of 29.5, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
  • Practice your MG trading strategies and win cash in our stock game.

TheStreet Ratings rates Mistras Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Mistras Group Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That