Mitie Group plc (LON:MTO – Get Rating)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 80.57 ($1.01) and traded as high as GBX 94.92 ($1.19). Mitie Group shares last traded at GBX 93.60 ($1.17), with a volume of 1,828,253 shares trading hands.
Analyst Ratings Changes
Separately, Numis Securities reiterated an “add” rating and set a GBX 90 ($1.13) price target on shares of Mitie Group in a report on Tuesday, February 14th.
Mitie Group Stock Down 0.8 %
The stock has a market capitalization of £1.27 billion, a price-to-earnings ratio of 4,680.00, a price-to-earnings-growth ratio of 10.10 and a beta of 1.45. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 79.07. The stock has a 50 day moving average price of GBX 85.91 and a 200 day moving average price of GBX 80.57.
About Mitie Group
Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain.
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