Mitie Group plc (LON:MTO) Insider Derek Mapp Buys 8,189 Shares

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

Mitie Group Stock Performance

MTO remained flat at GBX 118.20 ($1.58) during trading on Tuesday. 2,401,606 shares of the company’s stock traded hands, compared to its average volume of 3,263,752. The business’s fifty day simple moving average is GBX 120.88 and its 200 day simple moving average is GBX 117.51. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 67.87. Mitie Group plc has a 52 week low of GBX 93 ($1.24) and a 52 week high of GBX 127 ($1.70). The stock has a market cap of £1.48 billion, a P/E ratio of 1,309.56, a PEG ratio of 10.10 and a beta of 1.41.

Analyst Upgrades and Downgrades

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