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

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

Mitie Group Trading Up 0.5 %

MTO traded up GBX 0.60 ($0.01) during trading hours on Thursday, reaching GBX 110.60 ($1.38). 887,793 shares of the company’s stock traded hands, compared to its average volume of 3,174,464. The firm has a 50-day moving average price of GBX 111.55 and a 200 day moving average price of GBX 116.85. The firm has a market capitalization of £1.37 billion, a PE ratio of 1,228.89, a PEG 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 plc has a 52-week low of GBX 94.04 ($1.18) and a 52-week high of GBX 127 ($1.59).

Mitie Group Cuts Dividend

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