Mistras Group Inc with ticker code (MG) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 4.5 calculating the mean target price we have 9.5. Given that the stocks previous close was at 6.53 this would imply there is a potential upside of 45.5%. The 50 day moving average now sits at 4.76 while the 200 day moving average is 4.3. The market cap for the company is $199m. Visit the company website at: http://www.mistrasgroup.com
Mistras Group provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers non-destructive testing services, as well as predictive maintenance assessments of fixed and rotating assets and inline inspection for pipelines; and engineering consulting services primarily for process equipment, technologies, and facilities. The company 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; develops enterprise inspection database management software and plant condition management software for process industries and equipment; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, it offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for a range of inspection applications; online condition-monitoring solutions; various Web-based solutions; and custom-developed software for an automated data analysis. Further, the company provides quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. The company also designs, manufactures, sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, as well as automated ultrasonic systems and scanners. It serves oil and gas, commercial aerospace and defense, fossil and nuclear power, alternative and renewable energy, public infrastructure, chemicals, transportation, primary metals and metalworking, pharmaceutical/biotechnology, and food processing industries, as well as research and engineering institutions. Mistras Group was founded in 1978 and is headquartered in Princeton Junction, New Jersey.