Berenberg Bank lowered shares of Mitie Group (OTCMKTS:MITFY – Free Report) from a strong-buy rating to a hold rating in a research report report published on Wednesday,Zacks reports.
Mitie Group Stock Performance
Shares of MITFY stock opened at $10.99 on Wednesday. Mitie Group has a 12 month low of $7.11 and a 12 month high of $12.11. The stock has a 50 day moving average of $10.13 and a two-hundred day moving average of $9.62. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.92.
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.
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