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Mitie Group (OTCMKTS:MITFY) Trading Up 3% - Should You Buy?

Mitie Group logo with Business Services background

Key Points

  • Mitie Group PLC shares rose by 3% to a last traded price of $7.34, with trading volume increasing by 10% from average daily levels.
  • The company has multiple operational segments including facilities management and professional services across the UK and internationally.
  • Mitie Group's financials feature a debt-to-equity ratio of 0.75 and a current ratio of 0.94, indicating stable financial health.
  • MarketBeat previews the top five stocks to own by November 1st.

Mitie Group PLC. (OTCMKTS:MITFY - Get Free Report)'s share price was up 3% on Monday . The company traded as high as $7.38 and last traded at $7.34. Approximately 1,609 shares were traded during trading, an increase of 10% from the average daily volume of 1,465 shares. The stock had previously closed at $7.12.

Mitie Group Stock Performance

The business has a 50-day moving average price of $7.59 and a two-hundred day moving average price of $7.51. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.93 and a current ratio of 0.94.

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.

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