Mitie Group (LON:MTO) Stock Passes Above 200 Day Moving Average – Here’s Why

Posted by George Bondi on Jul 31st, 2026

Mitie Group plc (LON:MTO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 171.27 and traded as high as GBX 209.20. Mitie Group shares last traded at GBX 208.80, with a volume of 6,315,177 shares traded.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MTO. Berenberg Bank reaffirmed a “buy” rating and set a GBX 230 price objective on shares of Mitie Group in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 195 target price on shares of Mitie Group in a research report on Monday, June 8th. Finally, Royal Bank Of Canada dropped their price target on shares of Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating on the stock in a research note on Friday, June 5th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 192.20.

Read Our Latest Report on MTO

Mitie Group Stock Down 0.5%

The company has a market cap of £2.58 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 10.10 and a beta of 0.87. The business has a 50-day simple moving average of GBX 167.04 and a two-hundred day simple moving average of GBX 171.54. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 107.60.

Mitie Group (LON:MTO – Get Free Report) last issued its quarterly earnings data on Thursday, June 4th. The company reported GBX 13.60 EPS for the quarter. Mitie Group had a return on equity of 15.86% and a net margin of 1.47%.The business had revenue of GBX 561.86 billion for the quarter. As a group, equities analysts forecast that Mitie Group plc will post 10.9360519 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Mitie Group news, insider Phillip Bentley sold 248,985 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 165, for a total transaction of £410,825.25. Also, insider Salma Shah purchased 2,220 shares of the stock in a transaction on Wednesday, July 1st. The shares were bought at an average price of GBX 149 per share, for a total transaction of £3,307.80. Insiders bought 3,812 shares of company stock worth $569,768 over the last ninety days. Company insiders own 1.84% of the company’s stock.

Mitie Group Company Profile

(Get Free Report)

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.