Mitie Group (OTCMKTS:MITFY) Shares Gap Up – What’s Next?

Shares of Mitie Group PLC. (OTCMKTS:MITFYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $8.53, but opened at $9.18. Mitie Group shares last traded at $9.17, with a volume of 710 shares trading hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Mitie Group to a “strong-buy” rating in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Mitie Group presently has an average rating of “Strong Buy”.

View Our Latest Stock Analysis on Mitie Group

Mitie Group Trading Up 3.0%

The firm has a fifty day simple moving average of $8.71 and a 200-day simple moving average of $8.03.

Mitie Group Company Profile

(Get Free Report)

Mitie Group plc (OTCMKTS: MITFY) is a UK‐based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.

Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.

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