Mitie Group plc (LON:MTO) Insider Derek Mapp Acquires 8,802 Shares

Mitie Group plc (LON:MTO) insider Derek Mapp acquired 8,802 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was bought at an average cost of GBX 111 ($1.39) per share, with a total value of £9,770.22 ($12,225.00).

Mitie Group Stock Performance

Shares of LON:MTO traded up GBX 0.60 ($0.01) during trading on Thursday, hitting GBX 110.60 ($1.38). 887,793 shares of the stock traded hands, compared to its average volume of 3,174,464. The company has a fifty day moving average price of GBX 111.55 and a two-hundred day moving average price of GBX 116.85. Mitie Group plc has a 52-week low of GBX 94.04 ($1.18) and a 52-week high of GBX 127 ($1.59). The company has a market cap of £1.37 billion, a price-to-earnings ratio of 1,228.89, a P/E/G ratio of 10.10 and a beta of 1.41. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 67.87.

Mitie Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Thursday, December 19th will be issued a GBX 1.30 ($0.02) dividend. This represents a yield of 1.17%. The ex-dividend date is Thursday, December 19th. Mitie Group’s payout ratio is currently 4,444.44%.

About Mitie Group

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.