Mitie Group PLC. (OTCMKTS:MITFY – Get Free Report) shares gapped up before the market opened on Thursday. The stock had previously closed at $11.14, but opened at $11.67. Mitie Group shares last traded at $11.67, with a volume of 218 shares.
Wall Street Analyst Weigh In
Separately, Berenberg Bank downgraded shares of Mitie Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy”.
Check Out Our Latest Analysis on Mitie Group
Mitie Group Stock Up 4.8%
About Mitie Group
Mitie Group plc is a United Kingdom-based strategic outsourcing and facilities management company. It helps organizations operate and maintain their buildings, infrastructure and estates, providing services that combine technical expertise, property management and day-to-day operational support.
The company’s activities include engineering and maintenance, energy and decarbonization services, security, cleaning, front-of-house support, catering and workplace management. Mitie also provides specialist services for critical infrastructure, including utilities, transport and defense-related facilities, as well as public-sector and commercial properties.
Mitie serves customers primarily across the United Kingdom and has a long history in facilities and technical services.
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