Mitie Group (OTCMKTS:MITFY) Shares Gap Down - Here's Why

Key Points

• Mitie Group PLC shares experienced a gap down before trading on Thursday, opening at $7.14 after closing at $7.39 the previous day.
• The company's share price is currently down 3.9%, with a trading volume of 349 shares.
• Mitie Group operates in multiple sectors including facilities management and offers services related to decarbonization, energy, cleaning, and security.

Mitie Group PLC. (OTCMKTS:MITFY - )'s share price gapped down prior to trading on Thursday . The stock had previously closed at $7.39, but opened at $7.14. Mitie Group shares last traded at $7.14, with a volume of 349 shares trading hands.

Mitie Group Trading Down 3.9%

The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.75. The company has a 50 day moving average price of $7.60 and a 200 day moving average price of $7.48.

About Mitie Group

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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