Mitie Group plc (LON:MTO) Insider Purchases £9,744.91 in Stock

Mitie Group plc (LON:MTO) insider Derek Mapp acquired 8,189 shares of Mitie Group stock in a transaction dated Tuesday, October 1st. The shares were purchased at an average price of GBX 119 ($1.59) per share, for a total transaction of £9,744.91 ($13,034.93).

Mitie Group Trading Down 0.3 %

LON MTO opened at GBX 117.20 ($1.57) on Friday. The firm has a market cap of £1.47 billion, a PE ratio of 1,299.76, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. Mitie Group plc has a 1-year low of GBX 93 ($1.24) and a 1-year high of GBX 127 ($1.70). The stock has a 50-day moving average of GBX 120.79 and a 200-day moving average of GBX 117.70. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 67.87.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft increased their target price on shares of Mitie Group from GBX 140 ($1.87) to GBX 145 ($1.94) and gave the company a “buy” rating in a report on Monday, June 24th.

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.