Mitie Group (OTCMKTS:MITFY) Shares Gap Down – Here’s What Happened

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $9.4707, but opened at $8.75. Mitie Group shares last traded at $9.47, with a volume of 452 shares trading hands.

Wall Street Analyst Weigh In

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

View Our Latest Research Report on MITFY

Mitie Group Stock Performance

The business’s 50 day moving average price is $8.82 and its 200 day moving average price is $8.10.

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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