Mitie Group (OTCMKTS:MITFY) Upgraded to Strong-Buy at Berenberg Bank

Mitie Group (OTCMKTS:MITFY) was upgraded by analysts at Berenberg Bank to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Mitie Group Price Performance

Shares of OTCMKTS:MITFY opened at $5.81 on Wednesday. The firm has a fifty day moving average price of $5.61 and a two-hundred day moving average price of $5.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.90 and a quick ratio of 0.89. Mitie Group has a one year low of $5.01 and a one year high of $6.68.

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.