Insider Buying: Mitie Group plc (LON:MTO) Insider Buys £9,770.22 in Stock

Mitie Group plc (LON:MTO) insider Derek Mapp purchased 8,802 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was bought at an average price of GBX 111 ($1.38) per share, for a total transaction of £9,770.22 ($12,136.92).

Mitie Group Trading Down 0.4 %

Shares of Mitie Group stock opened at GBX 110.20 ($1.37) on Friday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 67.87. The company has a fifty day simple moving average of GBX 111.25 and a 200-day simple moving average of GBX 116.77. The stock has a market cap of £1.37 billion, a price-to-earnings ratio of 1,224.44, a PEG ratio of 10.10 and a beta of 1.41. Mitie Group plc has a 12-month low of GBX 94.04 ($1.17) and a 12-month high of GBX 127 ($1.58).

Mitie Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Thursday, December 19th will be paid a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 1.17%. Mitie Group’s dividend payout ratio is presently 4,444.44%.

About Mitie Group

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.