Mitie Group plc (LON:MTO – Get Free Report) insider Phillip Bentley sold 248,985 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 165, for a total transaction of £410,825.25.
Phillip Bentley also recently made the following trade(s):
- On Wednesday, May 13th, Phillip Bentley acquired 89 shares of Mitie Group stock. The shares were purchased at an average price of GBX 169 per share, for a total transaction of £150.41.
Mitie Group Price Performance
Shares of MTO traded down GBX 3.65 during mid-day trading on Tuesday, reaching GBX 162. The company had a trading volume of 65,660,336 shares, compared to its average volume of 9,538,213. The company’s 50 day simple moving average is GBX 174.86 and its 200 day simple moving average is GBX 171.29. Mitie Group plc has a 1-year low of GBX 134.80 and a 1-year high of GBX 188.10. The company has a debt-to-equity ratio of 107.60, a quick ratio of 0.83 and a current ratio of 0.89. The company has a market capitalization of £2.03 billion, a price-to-earnings ratio of 22.19, a P/E/G ratio of 10.10 and a beta of 0.87.
Analyst Ratings Changes
A number of brokerages recently weighed in on MTO. Royal Bank Of Canada cut their price target on shares of Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating on the stock in a report on Friday. Berenberg Bank boosted their price objective on Mitie Group from GBX 210 to GBX 215 and gave the company a “buy” rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 195 price target on shares of Mitie Group in a research report on Monday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Mitie Group has an average rating of “Moderate Buy” and a consensus price target of GBX 189.20.
Read Our Latest Analysis on Mitie Group
Mitie Group Company Profile
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.
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