Mitie Group plc (LON:MTO - Get Free Report) insider Mary Reilly bought 1,844 shares of Mitie Group stock in a transaction on Wednesday, October 1st. The stock was acquired at an average price of GBX 138 per share, for a total transaction of £2,544.72.
Mitie Group Trading Down 0.6%
LON:MTO traded down GBX 0.81 on Wednesday, reaching GBX 138.39. The company's stock had a trading volume of 2,642,540 shares, compared to its average volume of 4,798,873. Mitie Group plc has a 12-month low of GBX 101 and a 12-month high of GBX 160. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 85.41. The firm has a market cap of £1.79 billion, a price-to-earnings ratio of 1,820.91, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. The stock has a 50 day moving average price of GBX 142.04 and a 200 day moving average price of GBX 138.86.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the company. Jefferies Financial Group restated a "hold" rating and issued a GBX 145 target price on shares of Mitie Group in a research report on Thursday, September 11th. Berenberg Bank restated a "buy" rating and issued a GBX 175 target price on shares of Mitie Group in a research report on Tuesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Mitie Group from GBX 165 to GBX 170 and gave the company a "buy" rating in a research report on Monday, August 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 163.33.
View Our Latest Report on MTO
About Mitie Group
(
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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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