Mitie Group (LON:MTO) Reaches New 52-Week High at $122.20

Shares of Mitie Group plc (LON:MTO) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 122.20 ($1.53) and last traded at GBX 116.47 ($1.46), with a volume of 690836 shares. The stock had previously closed at GBX 117 ($1.47).

Mitie Group Stock Performance

The business’s fifty day moving average price is GBX 108.94 and its two-hundred day moving average price is GBX 103.61. The company has a debt-to-equity ratio of 69.61, a quick ratio of 0.83 and a current ratio of 0.93. The stock has a market capitalization of £1.55 billion, a P/E ratio of 1,671.43, a P/E/G ratio of 10.10 and a beta of 1.32.

Insider Transactions at Mitie Group

In other news, insider Derek Mapp purchased 9,153 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were bought at an average cost of GBX 107 ($1.34) per share, for a total transaction of £9,793.71 ($12,302.11). In related news, insider Derek Mapp bought 9,153 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were acquired at an average cost of GBX 107 ($1.34) per share, for a total transaction of £9,793.71 ($12,302.11). Also, insider Phillip Bentley bought 117,994 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was bought at an average price of GBX 105 ($1.32) per share, for a total transaction of £123,893.70 ($155,625.80). Insiders own 9.99% of the company’s stock.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain.