Mistras Group, Inc. 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; predictive maintenance assessments of fixed and rotating assets; inline inspection for pipelines; and develops enterprise inspection database management software and plant condition management software. 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; engineering consulting services primarily for process equipment, technologies, and facilities; 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 inspection applications; online condition-monitoring solutions; quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. Further, the company designs and installs monitoring systems, as well as provides commissioning, training, reporting, technical support, and annual maintenance services; Web-based solutions; and custom-developed software. Additionally, it designs, manufactures, and 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. The company serves oil and gas, commercial aerospace and defense, fossil and nuclear power, alternative and renewable energy, industrial, public infrastructure, petrochemical, transportation, and process industries, as well as research and engineering institutions. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Mistras Group from a "hold" rating to a "buy" rating in a research note on Wednesday, July 13th.
Mistras Group Price Performance
Shares of Mistras Group stock traded down $0.33 during mid-day trading on Monday, reaching $6.30. 38,899 shares of the stock traded hands, compared to its average volume of 103,548. The business has a 50-day moving average of $6.20 and a 200 day moving average of $6.20. The stock has a market capitalization of $187.77 million, a PE ratio of 78.76 and a beta of 1.72. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.97. Mistras Group has a fifty-two week low of $5.06 and a fifty-two week high of $11.29.