Insider Buying: Mitie Group plc (LON:MTO) Insider Buys 125 Shares of Stock

Mitie Group plc (LON:MTO - Get Free Report) insider Phillip Bentley bought 125 shares of Mitie Group stock in a transaction dated Monday, April 14th. The stock was purchased at an average cost of GBX 120 ($1.59) per share, for a total transaction of £150 ($198.52).

Mitie Group Stock Performance

Shares of LON:MTO opened at GBX 122.12 ($1.62) on Wednesday. The firm has a fifty day simple moving average of GBX 116.30 and a two-hundred day simple moving average of GBX 114.37. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 85.41. The stock has a market capitalization of £1.54 billion, a P/E ratio of 12.69, a PEG ratio of 10.10 and a beta of 1.41. Mitie Group plc has a 52 week low of GBX 101 ($1.34) and a 52 week high of GBX 127 ($1.68).

Analysts Set New Price Targets

Separately, Berenberg Bank assumed coverage on Mitie Group in a report on Tuesday, January 28th. They set a "buy" rating and a GBX 160 ($2.12) price target for the company.

Check Out Our Latest Report on MTO

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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