Mitie Group (OTCMKTS:MITFY) Shares Gap Up – Time to Buy?

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $8.20, but opened at $11.2215. Mitie Group shares last traded at $11.2215, with a volume of 3,037 shares changing hands.

Mitie Group Stock Performance

The business’s fifty day moving average is $8.85 and its 200 day moving average is $9.23. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.92.

Mitie Group Company Profile

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Mitie Group plc (OTCMKTS: MITFY) is a UK?based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.

Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.

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