The Goldman Sachs Group Upgrades Mitie Group (OTCMKTS:MITFY) to Hold

The Goldman Sachs Group upgraded shares of Mitie Group (OTCMKTS:MITFY) to a hold rating in a research report report published on Wednesday,Zacks.com reports.

Separately, Berenberg Bank upgraded Mitie Group to a “strong-buy” rating in a research report on Wednesday, January 29th.

Mitie Group Stock Down 2.7 %

Shares of MITFY opened at $5.68 on Wednesday. Mitie Group has a 1 year low of $5.08 and a 1 year high of $6.68. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.90 and a quick ratio of 0.89. The stock has a 50 day simple moving average of $5.79 and a 200-day simple moving average of $5.95.

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.