Mitie Group (OTCMKTS:MITFY) Shares Gap Up – Should You Buy?

Mitie Group PLC. (OTCMKTS:MITFY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $8.92, but opened at $9.73. Mitie Group shares last traded at $9.73, with a volume of 100 shares.

Mitie Group Trading Up 9.1%

The company has a current ratio of 0.94, a quick ratio of 0.92 and a debt-to-equity ratio of 1.05. The business’s 50 day simple moving average is $9.44 and its 200 day simple moving average is $8.81.

Mitie Group Company Profile

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.