Mitie Group (OTCMKTS:MITFY) Shares Gap Down – Here’s What Happened

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $9.4707, but opened at $8.75. Mitie Group shares last traded at $9.47, with a volume of 452 shares traded.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Mitie Group to a “strong-buy” rating in a report on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Check Out Our Latest Report on MITFY

Mitie Group Stock Down 1.6%

The stock has a fifty day moving average price of $8.76 and a 200 day moving average price of $8.06.

Mitie Group Company Profile

(Get Free Report)

Mitie Group plc (OTCMKTS: MITFY) is a UK‐based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.

Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.

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