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Mitie Group (OTCMKTS:MITFY) Upgraded by Berenberg Bank to "Strong-Buy" Rating

Mitie Group logo with Business Services background

Mitie Group (OTCMKTS:MITFY - Get Free Report) was upgraded by investment analysts at Berenberg Bank to a "strong-buy" rating in a research note issued on Wednesday,Zacks.com reports.

Mitie Group Stock Performance

OTCMKTS:MITFY traded up $0.08 on Wednesday, reaching $5.90. 1,241 shares of the company's stock traded hands, compared to its average volume of 6,530. The stock has a 50-day simple moving average of $5.63 and a 200-day simple moving average of $5.97. Mitie Group has a 12 month low of $5.01 and a 12 month high of $6.68. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.90 and a quick ratio of 0.89.

About Mitie Group

(Get Free Report)

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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