Mitie Group (OTCMKTS:MITFY) Hits New 1-Year High - Should You Buy?

Mitie Group plc (OTCMKTS:MITFY - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $8.59 and last traded at $8.34, with a volume of 2456 shares. The stock had previously closed at $8.44.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Mitie Group to a "hold" rating in a report on Wednesday, February 26th.

Mitie Group Price Performance

The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 0.63. The business's fifty day moving average price is $7.42 and its 200 day moving average price is $6.34.

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.