Mitie Group (OTCMKTS:MITFY) Shares Gap Up – Here’s Why

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $10.66, but opened at $11.3173. Mitie Group shares last traded at $11.2095, with a volume of 902 shares.

Mitie Group Stock Performance

The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average of $9.38 and a 200-day moving average of $9.45.

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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