Mistras (MG) Surges 5.7%: Is This an Indication of Further Gains?

Mistras (MG) shares ended the last trading session 5.7% higher at $10.58. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.7% loss over the past four weeks.Mistras is benefiting from diversified revenue gains across all segments, cost discipline through Project Phoenix, and strong performance in aerospace, defense, and energy markets.This engineering services company is expected to post quarterly earnings of$ 0.16 ...