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

Mitie Group PLC. (OTCMKTS:MITFYGet Free Report)’s share 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.

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 analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, Mitie Group presently has an average rating of “Strong Buy”.

View Our Latest Stock Report on Mitie Group

Mitie Group Trading Down 1.6%

The business’s fifty day simple moving average is $8.76 and its 200-day simple moving average is $8.06.

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.

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