Mitie Group plc (LON:MTO) Insider Phillip Bentley Purchases 200,000 Shares

Mitie Group plc (LON:MTO - Get Free Report) insider Phillip Bentley bought 200,000 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average price of GBX 109 ($1.37) per share, for a total transaction of £218,000 ($274,455.50).

Phillip Bentley also recently made the following trade(s):

• On Wednesday, October 16th, Phillip Bentley sold 4,750,000 shares of Mitie Group stock. The stock was sold at an average price of GBX 117 ($1.47), for a total value of £5,557,500 ($6,996,726.68).

Mitie Group Stock Performance

Mitie Group stock traded up GBX 2.80 ($0.04) during mid-day trading on Friday, reaching GBX 108.80 ($1.37). 6,161,095 shares of the stock traded hands, compared to its average volume of 3,216,955. Mitie Group plc has a 12-month low of GBX 93 ($1.17) and a 12-month high of GBX 127 ($1.60). The business's 50-day moving average is GBX 117.18 and its 200-day moving average is GBX 118.96. The company has a debt-to-equity ratio of 67.87, a current ratio of 0.93 and a quick ratio of 0.83. The stock has a market capitalization of £1.35 billion, a PE ratio of 1,195.56, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41.

Mitie Group Cuts Dividend

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

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.