Mitie Group (LON:MTO) Stock Price Passes Above Two Hundred Day Moving Average of $97.06

Mitie Group plc (LON:MTO)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 97.06 ($1.18) and traded as high as GBX 99.10 ($1.21). Mitie Group shares last traded at GBX 98.50 ($1.20), with a volume of 952,565 shares.

Mitie Group Trading Up 0.3 %

The firm has a fifty day simple moving average of GBX 99.46 and a 200-day simple moving average of GBX 97.06. The firm has a market cap of £1.32 billion, a P/E ratio of 1,641.67, a price-to-earnings-growth ratio of 10.10 and a beta of 1.47. The company has a debt-to-equity ratio of 67.82, a current ratio of 0.98 and a quick ratio of 0.83.

Insider Activity

In other news, insider Simon Kirkpatrick sold 136,862 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of GBX 101 ($1.23), for a total value of £138,230.62 ($168,204.70). In related news, insider Simon Kirkpatrick sold 136,862 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of GBX 101 ($1.23), for a total transaction of £138,230.62 ($168,204.70). Also, insider Chet Patel purchased 30,877 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The shares were acquired at an average cost of GBX 97 ($1.18) per share, with a total value of £29,950.69 ($36,445.23). Insiders have purchased 31,169 shares of company stock worth $3,025,143 over the last 90 days. 9.75% of the stock is currently owned by corporate insiders.

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.