Mitie Group (OTCMKTS:MITFY) Shares Gap Down – Time to Sell?

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $9.07, but opened at $8.53. Mitie Group shares last traded at $8.53, with a volume of 108 shares changing hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Mitie Group to a “strong-buy” rating in a report on Tuesday, November 11th. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

Get Our Latest Stock Report on MITFY

Mitie Group Trading Down 6.0%

The company’s 50-day moving average is $8.71 and its 200-day moving average is $8.00.

Mitie Group Company Profile

(Get Free Report)

Mitie Group plc (OTCMKTS: MITFY) is a UK?based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.

Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.

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