Mitie Group plc (LON:MTO – Get Free Report) insider Mary Reilly acquired 1,135 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was acquired at an average price of GBX 211 per share, with a total value of £2,394.85.
Mitie Group Stock Performance
MTO stock remained flat at GBX 210 during mid-day trading on Thursday. 131,565,328 shares of the company’s stock traded hands, compared to its average volume of 17,414,199. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 107.60. The company has a market cap of £2.62 billion, a price-to-earnings ratio of 34.43, a P/E/G ratio of 10.10 and a beta of 0.89. The business has a fifty day simple moving average of GBX 208.80 and a 200 day simple moving average of GBX 182.52. Mitie Group plc has a 52-week low of GBX 134.80 and a 52-week high of GBX 214.
Analyst Ratings Changes
A number of brokerages recently weighed in on MTO. Royal Bank Of Canada reduced their target price on shares of Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating for the company in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 195 price target on shares of Mitie Group in a research note on Monday, June 8th. Finally, Berenberg Bank cut Mitie Group to a “hold” rating and reduced their price objective for the stock from GBX 230 to GBX 219 in a research report on Wednesday, September 2nd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 201.25.
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.
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