Mitie Group (OTCMKTS:MITFY) Trading Down 1.5% - Time to Sell?

Key Points

• Mitie Group PLC experienced a 1.5% decline in its stock price, trading at $7.42 during mid-day on Monday, with a significant drop in trading volume compared to averages.
• The company has a current ratio of 0.94 and a debt-to-equity ratio of 0.75, indicating its financial health amid fluctuating stock performance.
• Mitie Group operates in multiple sectors, including facilities management and energy solutions, providing a variety of services from cleaning to decarbonization.

Mitie Group PLC. (OTCMKTS:MITFY - ) fell 1.5% during mid-day trading on Monday . The stock traded as low as $7.42 and last traded at $7.42. 1,026 shares were traded during mid-day trading, a decline of 11% from the average session volume of 1,157 shares. The stock had previously closed at $7.53.

Mitie Group Stock Performance

The company's fifty day simple moving average is $7.61 and its 200-day simple moving average is $7.36. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.75.

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.

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