Mitie Group plc (LON:MTO) Insider Purchases £9,856.65 in Stock

Mitie Group plc (LON:MTO - Get Free Report) insider Derek Mapp purchased 8,571 shares of the stock in a transaction dated Tuesday, April 1st. The shares were purchased at an average price of GBX 115 ($1.48) per share, with a total value of £9,856.65 ($12,714.98).

Derek Mapp also recently made the following trade(s):

• On Thursday, January 2nd, Derek Mapp purchased 8,802 shares of Mitie Group stock. The shares were acquired at an average cost of GBX 111 ($1.43) per share, for a total transaction of £9,770.22 ($12,603.48).

Mitie Group Stock Down 1.4 %

MTO traded down GBX 1.70 ($0.02) on Friday, hitting GBX 115.90 ($1.50). 57,525,551 shares of the company were exchanged, compared to its average volume of 4,491,655. The firm has a 50-day moving average price of GBX 116.25 and a two-hundred day moving average price of GBX 114.59. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 85.41. Mitie Group plc has a twelve month low of GBX 101 ($1.30) and a twelve month high of GBX 127 ($1.64). The company has a market cap of £1.46 billion, a price-to-earnings ratio of 12.05, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41.

Analysts Set New Price Targets

Separately, Berenberg Bank assumed coverage on shares of Mitie Group in a research note on Tuesday, January 28th. They set a "buy" rating and a GBX 160 ($2.06) target price on the stock.

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.

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