Shares of Mitie Group PLC. (OTCMKTS:MITFY – Get Free Report) saw unusually-high trading volume on Monday. Approximately 17,899 shares were traded during trading, an increase of 310% from the average daily volume of 4,367 shares. The stock last traded at $11.0519 and had previously closed at $11.14.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank cut shares of Mitie Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on MITFY
Mitie Group Trading Down 0.6%
The company has a debt-to-equity ratio of 0.92, a current ratio of 0.89 and a quick ratio of 0.87. The stock has a 50-day moving average of $11.13 and a 200 day moving average of $9.98.
About Mitie Group
Mitie Group is a UK-based outsourcing and facilities management company. It provides services that help businesses and public-sector organizations operate and maintain their buildings, workplaces and infrastructure. Its services include building and engineering maintenance, cleaning, security, energy management, landscaping and waste management, as well as projects to improve or adapt facilities. Mitie also provides technology-enabled services, including security monitoring and workplace management solutions.
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