MITIE Group (MITFY) Upgraded at Zacks Investment Research

MITIE Group (OTCMKTS:MITFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “Mitie Group plc provides strategic outsourcing services. The company’s operating segment includes Soft FM, Hard FM, Property Management and Healthcare. Soft FM segment includes cleaning and environmental services, security, catering and front of house services. Hard FM segment includes technical, building maintenance and energy services. Property management segment provides repair and maintenance services in the social housing market. Healthcare segment provides care at home for people who need help and support due to illness, infirmity or disability. It operates primarily in the United Kingdom, the Republic of Ireland, Guernsey, Jersey, Germany, France, Finland, Norway, Sweden, the Netherlands, Spain, Poland, Switzerland, Belgium, Nigeria, Kenya, Ghana, the United Arab Emirates, and internationally. Mitie Group plc is headquartered in Bristol, the United Kingdom. “

MITIE Group (MITFY) traded down $0.11 during trading hours on Wednesday, hitting $10.68. 1,038 shares of the company’s stock traded hands, compared to its average volume of 1,736. MITIE Group has a 12-month low of $9.10 and a 12-month high of $14.96. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.03 and a current ratio of 1.04.

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MITIE Group Company Profile

Mitie Group plc, through its subsidiaries, provides strategic outsourcing services. It operates through three segments: Facilities Management, Property Management, and Healthcare. It offers cleaning and environmental services, such as pest control, landscaping, and gritting services; and integrated security products and services, such as security personnel, remote monitoring, mobile response solutions, and fire and security systems.

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