Mitie Group (OTCMKTS:MITFY) Stock Rating Upgraded by The Goldman Sachs Group

Mitie Group (OTCMKTS:MITFY) was upgraded by equities researchers at The Goldman Sachs Group to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Berenberg Bank upgraded shares of Mitie Group to a “strong-buy” rating in a report on Wednesday, January 29th.

Mitie Group Price Performance

Shares of OTCMKTS MITFY opened at $5.68 on Wednesday. The company has a 50-day moving average price of $5.79 and a 200-day moving average price of $5.95. Mitie Group has a 1 year low of $5.08 and a 1 year high of $6.68. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.63.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.