Mitie Group plc (OTCMKTS:MITFY - Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,400 shares, a decline of 44.0% from the November 30th total of 2,500 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is presently 0.5 days.
Mitie Group Stock Down 3.7 %
Shares of MITFY stock traded down $0.21 during trading hours on Friday, reaching $5.46. 1,255 shares of the stock were exchanged, compared to its average volume of 4,307. Mitie Group has a 12-month low of $4.88 and a 12-month high of $6.68. The company's 50-day moving average price is $5.76 and its 200-day moving average price is $6.03. 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 Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Friday, December 20th will be paid a dividend of $0.0654 per share. The ex-dividend date of this dividend is Friday, December 20th.
Mitie Group Company Profile
(
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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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