Mitie Group PLC. (OTCMKTS:MITFY - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $7.35, but opened at $7.90. Mitie Group shares last traded at $7.64, with a volume of 956 shares traded.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded Mitie Group to a "hold" rating in a research report on Wednesday, February 26th.
Read Our Latest Analysis on MITFY
Mitie Group Trading Up 5.4%
The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.93 and a current ratio of 0.94. The firm has a fifty day moving average price of $7.78 and a 200 day moving average price of $6.52.
Mitie Group Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, August 19th. Investors of record on Monday, June 23rd will be given a dividend of $0.1304 per share. This is an increase from Mitie Group's previous dividend of $0.07. The ex-dividend date of this dividend is Friday, June 20th. This represents a yield of 2.4%.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mitie Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitie Group wasn't on the list.
While Mitie Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
