Mitie Group (OTCMKTS:MITFY – Get Free Report) was downgraded by equities research analysts at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors 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 company has a debt-to-equity ratio of 0.92, a current ratio of 0.89 and a quick ratio of 0.87. The firm has a fifty day moving average of $10.13 and a 200-day moving average of $9.62.
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.
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