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Mitie Group (OTCMKTS:MITFY) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Mitie Group logo with Business Services background

Mitie Group plc (OTCMKTS:MITFY - Get Free Report)'s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.23 and traded as low as $5.90. Mitie Group shares last traded at $5.90, with a volume of 3,071 shares trading hands.

Mitie Group Price Performance

The business's 50-day simple moving average is $6.23 and its 200-day simple moving average is $6.10. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.93 and a quick ratio of 0.91.

Mitie Group Company Profile

(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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