Mitie Group (OTCMKTS:MITFY) Shares Gap Up – Here’s What Happened

Mitie Group PLC. (OTCMKTS:MITFY) gapped up before the market opened on Monday . The stock had previously closed at $8.59, but opened at $8.9650. Mitie Group shares last traded at $8.9650, with a volume of 1,057 shares.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Mitie Group to a “strong-buy” rating in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has an average rating of “Strong Buy”.

Mitie Group Stock Up 4.4%

The firm’s 50 day moving average price is $8.35 and its two-hundred day moving average price is $7.88. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.75.

Mitie Group Company Profile

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.