Mitie Group plc (OTCMKTS:MITFY - Get Free Report) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 7,100 shares, a decrease of 22.0% from the February 13th total of 9,100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 14,200 shares, the days-to-cover ratio is currently 0.5 days.
Wall Street Analyst Weigh In
MITFY has been the topic of several recent research reports. Berenberg Bank upgraded Mitie Group to a "strong-buy" rating in a report on Wednesday, January 29th. The Goldman Sachs Group raised Mitie Group to a "hold" rating in a research report on Wednesday, February 26th.
View Our Latest Research Report on Mitie Group
Mitie Group Price Performance
OTCMKTS:MITFY traded down $0.02 during midday trading on Friday, hitting $5.88. 1,024 shares of the company were exchanged, compared to its average volume of 5,427. The company has a fifty day simple moving average of $5.87 and a 200 day simple moving average of $5.90. Mitie Group has a fifty-two week low of $5.08 and a fifty-two week 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
(
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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.
Further Reading
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