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Mitie Group (OTCMKTS:MITFY) Hits New 12-Month High - Here's What Happened

Mitie Group logo with Business Services background

Mitie Group plc (OTCMKTS:MITFY - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $7.91 and last traded at $7.91, with a volume of 2958 shares trading hands. The stock had previously closed at $7.77.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Berenberg Bank upgraded shares of Mitie Group to a "strong-buy" rating in a research note on Wednesday, January 29th. The Goldman Sachs Group upgraded Mitie Group to a "hold" rating in a research report on Wednesday, February 26th.

View Our Latest Report on Mitie Group

Mitie Group Trading Up 1.8 %

The company has a debt-to-equity ratio of 0.63, a current ratio of 0.90 and a quick ratio of 0.89. The business's 50 day moving average is $6.21 and its two-hundred day moving average is $5.93.

About Mitie Group

(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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