Mitie Group (OTCMKTS:MITFY) Rating Increased to Strong-Buy at The Goldman Sachs Group

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

Mitie Group Stock Performance

Shares of OTCMKTS:MITFY traded down $0.35 during midday trading on Tuesday, reaching $8.47. The company’s stock had a trading volume of 256 shares, compared to its average volume of 6,697. The business has a 50 day moving average price of $7.97 and a 200 day moving average price of $7.81. Mitie Group has a 1 year low of $5.25 and a 1 year high of $9.10. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.94 and a quick ratio of 0.93.

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.