Mitie Group plc (LON:MTO) Insider Derek Mapp Acquires 8,571 Shares of Stock

Mitie Group plc (LON:MTO) insider Derek Mapp purchased 8,571 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were acquired at an average price of GBX 115 ($1.49) per share, with a total value of £9,856.65 ($12,799.18).

Derek Mapp also recently made the following trade(s):

• On Thursday, January 2nd, Derek Mapp bought 8,802 shares of Mitie Group stock. The stock was purchased at an average cost of GBX 111 ($1.44) per share, with a total value of £9,770.22 ($12,686.95).

Mitie Group Trading Up 0.5 %

MTO opened at GBX 116.59 ($1.51) on Thursday. Mitie Group plc has a 52 week low of GBX 101 ($1.31) and a 52 week high of GBX 127 ($1.65). The business has a 50 day moving average of GBX 116.26 and a 200-day moving average of GBX 114.60. The stock has a market cap of £1.47 billion, a PE ratio of 12.12, a PEG ratio of 10.10 and a beta of 1.41. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 85.41.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank started coverage on shares of Mitie Group in a research note on Tuesday, January 28th. They issued a “buy” rating and a GBX 160 ($2.08) price target for the company.

Mitie Group Company Profile

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.