Mitie Group plc (LON:MTO) Insider Acquires £9,856.65 in Stock

Mitie Group plc (LON:MTO) insider Derek Mapp acquired 8,571 shares of Mitie Group stock in a transaction dated Tuesday, April 1st. The stock was purchased at an average cost of GBX 115 ($1.49) per share, with a total value of £9,856.65 ($12,799.18).

Derek Mapp also recently made the following trade(s):

• On Thursday, January 2nd, Derek Mapp bought 8,802 shares of Mitie Group stock. The shares were bought at an average price of GBX 111 ($1.44) per share, with a total value of £9,770.22 ($12,686.95).

Mitie Group Stock Up 0.5 %

LON:MTO opened at GBX 116.59 ($1.51) on Thursday. The company has a 50-day moving average of GBX 116.26 and a 200 day moving average of GBX 114.60. The company has a debt-to-equity ratio of 85.41, a current ratio of 0.90 and a quick ratio of 0.83. The firm has a market cap of £1.47 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. Mitie Group plc has a 1-year low of GBX 101 ($1.31) and a 1-year high of GBX 127 ($1.65).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank began coverage on shares of Mitie Group in a research report on Tuesday, January 28th. They set a “buy” rating and a GBX 160 ($2.08) price objective for the company.

Mitie Group Company Profile

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.