Mitie Group plc (LON:MTO) Insider Acquires £150.42 in Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley purchased 138 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was acquired at an average price of GBX 109 ($1.33) per share, for a total transaction of £150.42 ($184.05).

Phillip Bentley also recently made the following trade(s):

• On Friday, December 13th, Phillip Bentley acquired 136 shares of Mitie Group stock. The stock was acquired at an average price of GBX 110 ($1.35) per share, with a total value of £149.60 ($183.04).
• On Thursday, November 21st, Phillip Bentley bought 200,000 shares of Mitie Group stock. The shares were bought at an average price of GBX 109 ($1.33) per share, for a total transaction of £218,000 ($266,731.92).
• On Wednesday, October 16th, Phillip Bentley sold 4,750,000 shares of Mitie Group stock. The shares were sold at an average price of GBX 117 ($1.43), for a total transaction of £5,557,500 ($6,799,828.70).

Mitie Group Stock Up 1.4 %

MTO stock opened at GBX 113.80 ($1.39) on Friday. Mitie Group plc has a 52 week low of GBX 95 ($1.16) and a 52 week high of GBX 127 ($1.55). The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 67.87. The company has a market cap of £1.41 billion, a P/E ratio of 1,264.44, a P/E/G ratio of 10.10 and a beta of 1.41. The company’s 50-day moving average price is GBX 109.76 and its 200 day moving average price is GBX 116.27.

Mitie Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 4th. Stockholders of record on Thursday, December 19th will be given a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, December 19th. Mitie Group’s dividend 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.