Mitie Group (OTCMKTS:MITFY) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Mitie Group plc (OTCMKTS:MITFYGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.89 and traded as high as $5.99. Mitie Group shares last traded at $5.99, with a volume of 4,455 shares traded.

Analyst Ratings Changes

MITFY has been the subject of a number of research reports. The Goldman Sachs Group raised shares of Mitie Group to a “hold” rating in a report on Wednesday, February 26th. Berenberg Bank raised shares of Mitie Group to a “strong-buy” rating in a research report on Wednesday, January 29th.

Read Our Latest Stock Analysis on MITFY

Mitie Group Stock Performance

The firm has a fifty day moving average of $5.91 and a 200-day moving average of $5.89. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.90 and a quick ratio of 0.89.

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.

Further Reading

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