Euroseas Ltd. (ESEA) Forms $1.99 Double Top; Advent International Decreased Its Mistras Group (MG) Holding

Mistras Group, Inc. (NYSE:MG) Logo

Advent International Corp decreased Mistras Group Inc (MG) stake by 4.86% reported in 2017Q4 SEC filing. Advent International Corp sold 21,075 shares as Mistras Group Inc (MG)’s stock declined 18.10%. The Advent International Corp holds 412,161 shares with $9.67M value, down from 433,236 last quarter. Mistras Group Inc now has $568.30 million valuation. The stock increased 0.35% or $0.07 during the last trading session, reaching $20.08. About 73,577 shares traded or 10.32% up from the average. Mistras Group, Inc. (NYSE:MG) has declined 11.83% since May 9, 2017 and is downtrending. It has underperformed by 23.38% the S&P500.

Euroseas Ltd. (ESEA) formed double top with $2.11 target or 6.00% above today’s $1.99 share price. Euroseas Ltd. (ESEA) has $22.44M valuation. The stock decreased 13.10% or $0.3 during the last trading session, reaching $1.99. About 166,952 shares traded or 387.31% up from the average. Euroseas Ltd. (NASDAQ:ESEA) has risen 60.29% since May 9, 2017 and is uptrending. It has outperformed by 48.74% the S&P500.

Among 10 analysts covering Mistras Group (NYSE:MG), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Mistras Group had 28 analyst reports since August 7, 2015 according to SRatingsIntel. On Friday, November 4 the stock rating was maintained by Scotia Capital with “Outperform”. The stock has “Overweight” rating by KeyBanc Capital Markets on Monday, August 17. The firm has “Outperform” rating given on Monday, February 27 by Scotia Capital. The stock of Mistras Group, Inc. (NYSE:MG) earned “Hold” rating by Canaccord Genuity on Wednesday, August 9. The stock of Mistras Group, Inc. (NYSE:MG) has “Neutral” rating given on Monday, October 2 by Robert W. Baird. Stephens downgraded Mistras Group, Inc. (NYSE:MG) rating on Friday, August 7. Stephens has “Equal Weight” rating and $17 target. The firm has “Hold” rating given on Wednesday, November 8 by Canaccord Genuity. The rating was maintained by Robert W. Baird on Friday, November 10 with “Hold”. On Thursday, April 7 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. Canaccord Genuity maintained Mistras Group, Inc. (NYSE:MG) on Thursday, January 18 with “Hold” rating.

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.32, from 1.03 in 2017Q3. It improved, as 5 investors sold MG shares while 26 reduced holdings. 15 funds opened positions while 27 raised stakes. 17.17 million shares or 1.59% more from 16.90 million shares in 2017Q3 were reported. Peak6 Invests LP has 38,222 shares. Broad Run Invest Management Ltd Liability Co stated it has 1.57M shares or 1.19% of all its holdings. Moreover, Citadel Advsr Ltd Liability Corp has 0% invested in Mistras Group, Inc. (NYSE:MG) for 21,868 shares. Stone Ridge Asset Management holds 0.02% of its portfolio in Mistras Group, Inc. (NYSE:MG) for 14,027 shares. Comerica National Bank & Trust accumulated 133,341 shares. Forest Hill Capital Limited Com holds 0.7% in Mistras Group, Inc. (NYSE:MG) or 105,000 shares. Bernzott Cap Advisors owns 809,081 shares or 2.51% of their US portfolio. Manufacturers Life Insur The owns 14,257 shares or 0% of their US portfolio. 80,116 are held by National Bank & Trust Of Mellon. Wells Fargo & Commerce Mn invested in 0% or 26,527 shares. The Massachusetts-based Rutabaga Mgmt Ltd Llc Ma has invested 3.95% in Mistras Group, Inc. (NYSE:MG). Moreover, Swiss Bancorporation has 0% invested in Mistras Group, Inc. (NYSE:MG) for 29,700 shares. 1.10 million were reported by Blackrock Inc. Royal Commercial Bank Of Canada has invested 0.01% in Mistras Group, Inc. (NYSE:MG). Wellington Mngmt Limited Liability Partnership reported 0.01% in Mistras Group, Inc. (NYSE:MG).

More news for Mistras Group, Inc. (NYSE:MG) were recently published by: Seekingalpha.com, which released: “Mistras Group’s (MG) CEO Dennis Bertolotti on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. Globenewswire.com‘s article titled: “Mistras Group Announces First Quarter Results” and published on May 07, 2018 is yet another important article.

Mistras Group, Inc. (NYSE:MG) Institutional Positions Chart