Mitie Group plc (LON:MTO) Insider Phillip Bentley Buys 125 Shares of Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley bought 125 shares of the stock in a transaction that occurred on Monday, April 14th. The shares were bought at an average price of GBX 120 ($1.59) per share, for a total transaction of £150 ($198.52).

Mitie Group Stock Performance

LON MTO opened at GBX 122.12 ($1.62) on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 85.41. Mitie Group plc has a twelve month low of GBX 101 ($1.34) and a twelve month high of GBX 127 ($1.68). The business has a 50-day moving average price of GBX 116.30 and a 200-day moving average price of GBX 114.37. The firm has a market cap of £1.54 billion, a price-to-earnings ratio of 12.69, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41.

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on shares of Mitie Group in a research report on Tuesday, January 28th. They issued a “buy” rating and a GBX 160 ($2.12) price target for the company.

About Mitie Group

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.