In a filing, Mistras Group Inc revealed its Director DEBENEDICTIS NICHOLAS acquired Company’s shares for reported $98400.0 on Mar 18 ’25. In the deal valued at $9.84 per share,10,000 shares were bought. As a result of this transaction, DEBENEDICTIS NICHOLAS now holds 217,511 shares worth roughly $2.3 million.
Then, DEBENEDICTIS NICHOLAS bought 8,962 shares, generating $89,978 in total proceeds. Upon buying the shares at $10.04, the Director now owns 226,473 shares.
Before that, DEBENEDICTIS NICHOLAS bought 1,038 shares. Mistras Group Inc shares valued at $10,390 were divested by the Director at a price of $10.01 per share. As a result of the transaction, DEBENEDICTIS NICHOLAS now holds 227,511 shares, worth roughly $2.41 million.
BofA Securities upgraded its Mistras Group Inc [MG] rating to a Neutral from a an Underperform in a research note published recently. Maxim Group also remained covering MG and has decreased its forecast on May 12, 2020 with a “Hold” recommendation from previously “Buy” rating. Maxim Group started covering the stock on October 31, 2019. It rated MG as “a Buy”.
Price Performance Review of MG
On Monday, Mistras Group Inc [NYSE:MG] saw its stock fall -0.19% to $10.58. Over the last five days, the stock has lost -0.94%. Mistras Group Inc shares have risen nearly 16.78% since the year began. Nevertheless, the stocks have risen 10.09% over the past one year. While a 52-week high of $12.44 was reached on 03/28/25, a 52-week low of $7.45 was recorded on 01/08/25. SMA at 50 days reached $10.03, while 200 days put it at $9.88.
Levels Of Support And Resistance For MG Stock
The 24-hour chart illustrates a support level at 10.34, which if violated will result in even more drops to 10.10. On the upside, there is a resistance level at 10.74. A further resistance level may holdings at 10.90. The Relative Strength Index (RSI) on the 14-day chart is 58.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.24%. Stochastics %K at 78.86% indicates the stock is a holding.
How much short interest is there in Mistras Group Inc?
A steep rise in short interest was recorded in Mistras Group Inc stocks on 2025-03-14, growing by 57432.0 shares to a total of 0.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.16 million shares. There was a rise of 26.4%, which implies that there is a positive sentiment for the stock.
