Mitie Group (OTCMKTS:MITFY) Reaches New 1-Year High on Analyst Upgrade

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday after The Goldman Sachs Group upgraded the stock to a strong-buy rating. The company traded as high as $9.10 and last traded at $9.10, with a volume of 100 shares trading hands. The stock had previously closed at $8.4850.

Mitie Group Price Performance

The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.93 and a current ratio of 0.94. The firm has a 50 day moving average price of $7.98 and a two-hundred day moving average price of $7.82.

Mitie Group Company Profile

(Get Free Report)

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.

Further Reading

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