Shares of Mitie Group plc (OTCMKTS:MITFF – Get Free Report) dropped 0.3% on Wednesday . The company traded as low as $1.83 and last traded at $1.90. Approximately 8,051 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 10,802 shares. The stock had previously closed at $1.91.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Jefferies Financial Group downgraded Mitie Group to a “hold” rating in a research note on Friday, June 13th. Panmure Gordon upgraded shares of Mitie Group to a “buy” rating in a research report on Tuesday, June 10th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Report on Mitie Group
Mitie Group Stock Down 0.3%
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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