Mitie Group (LON:MTO) Stock Crosses Above Two Hundred Day Moving Average of $102.59

Mitie Group plc (LON:MTO)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 102.59 ($1.28) and traded as high as GBX 116.20 ($1.45). Mitie Group shares last traded at GBX 116 ($1.44), with a volume of 2,175,592 shares trading hands.

Mitie Group Trading Up 0.3 %

The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 69.61. The company’s fifty day moving average price is GBX 106.81 and its two-hundred day moving average price is GBX 102.59. The firm has a market cap of £1.54 billion, a PE ratio of 1,657.14, a P/E/G ratio of 10.10 and a beta of 1.32.

Insider Activity at Mitie Group

In related news, insider Derek Mapp acquired 9,153 shares of Mitie Group stock in a transaction that occurred on Tuesday, April 2nd. The stock was purchased at an average price of GBX 107 ($1.33) per share, for a total transaction of £9,793.71 ($12,191.85). In other Mitie Group news, insider Derek Mapp bought 9,153 shares of the business’s stock in a transaction on Tuesday, April 2nd. The stock was bought at an average price of GBX 107 ($1.33) per share, for a total transaction of £9,793.71 ($12,191.85). Also, insider Phillip Bentley bought 117,994 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average price of GBX 105 ($1.31) per share, with a total value of £123,893.70 ($154,230.92). Company insiders own 9.99% of the company’s stock.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain.