Mitie Group (OTCMKTS:MITFY) Trading 0.2% Higher – Here’s Why
by Kim Johansen · The Markets DailyMitie Group PLC. (OTCMKTS:MITFY – Get Free Report)’s share price traded up 0.2% on Wednesday . The stock traded as high as $8.36 and last traded at $8.36. Approximately 2,874 shares traded hands during mid-day trading, an increase of 161% from the average session volume of 1,101 shares. The stock had previously closed at $8.3440.
Mitie Group Stock Performance
The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.92. The company has a 50 day simple moving average of $8.95 and a 200-day simple moving average of $9.27.
About Mitie Group
Mitie Group plc (OTCMKTS: MITFY) is a UK‐based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.
Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.