Mitie Group (OTCMKTS:MITFY) Sets New 52-Week High - Should You Buy?

Mitie Group plc (OTCMKTS:MITFY - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as $8.03 and last traded at $8.03, with a volume of 1674 shares trading hands. The stock had previously closed at $8.00.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MITFY shares. The Goldman Sachs Group upgraded shares of Mitie Group to a "hold" rating in a research note on Wednesday, February 26th. Berenberg Bank upgraded Mitie Group to a "strong-buy" rating in a research note on Wednesday, January 29th.

Mitie Group Stock Up 0.1 %

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.89 and a current ratio of 0.90. The business has a 50-day moving average price of $6.52 and a two-hundred day moving average price of $6.03.

Mitie Group Company Profile

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.