Mitie Group (OTCMKTS:MITFY) Shares Gap Up – Time to Buy?

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $8.53, but opened at $9.18. Mitie Group shares last traded at $9.17, with a volume of 710 shares.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on MITFY

Mitie Group Trading Up 3.0%

The firm has a fifty day moving average price of $8.71 and a 200-day moving average price of $8.03.

About Mitie Group

(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.

Read More

Receive News & Ratings for Mitie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitie Group and related companies with MarketBeat.com's FREE daily email newsletter.