Mitie Group (OTCMKTS:MITFY) Stock Rating Upgraded by Berenberg Bank

Mitie Group (OTCMKTS:MITFY) was upgraded by Berenberg Bank to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Mitie Group Stock Down 2.8 %

OTCMKTS MITFY opened at $5.81 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.63. Mitie Group has a 1-year low of $5.01 and a 1-year high of $6.68. The company has a 50 day moving average of $5.61 and a 200-day moving average of $5.98.

About Mitie Group

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.