Mitie Group (LON:MTO) Reaches New 52-Week High at $11,660.00

Mitie Group plc (LON:MTO) hit a new 52-week high on Thursday . The company traded as high as £116.60 ($144.02) and last traded at GBX 115.40 ($1.43), with a volume of 50320500 shares. The stock had previously closed at GBX 116.20 ($1.44).

Mitie Group Price Performance

The firm has a market capitalization of £1.52 billion, a P/E ratio of 1,631.43, a price-to-earnings-growth ratio of 10.10 and a beta of 1.32. The company has a debt-to-equity ratio of 69.61, a quick ratio of 0.83 and a current ratio of 0.93. The business has a 50 day simple moving average of GBX 108.45 and a two-hundred day simple moving average of GBX 103.35.

Insiders Place Their Bets

In other Mitie Group news, insider Phillip Bentley bought 117,994 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average cost of GBX 105 ($1.30) per share, for a total transaction of £123,893.70 ($153,030.76). In other Mitie Group news, insider Phillip Bentley bought 117,994 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average cost of GBX 105 ($1.30) per share, for a total transaction of £123,893.70 ($153,030.76). Also, insider Derek Mapp acquired 9,153 shares of Mitie Group stock in a transaction dated Tuesday, April 2nd. The shares were purchased at an average price of GBX 107 ($1.32) per share, for a total transaction of £9,793.71 ($12,096.97). Corporate insiders own 9.99% of the company’s stock.

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.