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Mitie Group (OTCMKTS:MITFY) Reaches New 1-Year High - Time to Buy?

Mitie Group logo with Business Services background

Mitie Group plc (OTCMKTS:MITFY - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $6.89 and last traded at $6.72, with a volume of 58061 shares trading hands. The stock had previously closed at $6.34.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Berenberg Bank raised Mitie Group to a "strong-buy" rating in a report on Wednesday, January 29th. The Goldman Sachs Group upgraded shares of Mitie Group to a "hold" rating in a research note on Wednesday, February 26th.

Check Out Our Latest Stock Analysis on MITFY

Mitie Group Price Performance

The company has a 50-day moving average price of $6.07 and a two-hundred day moving average price of $5.88. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.90 and a quick ratio of 0.89.

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.

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