Insider Buying: Mitie Group plc (LON:MTO) Insider Buys 136 Shares of Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley bought 136 shares of the stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of GBX 110 ($1.39) per share, with a total value of £149.60 ($188.89).

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

• On Thursday, November 21st, Phillip Bentley purchased 200,000 shares of Mitie Group stock. The shares were purchased at an average cost of GBX 109 ($1.38) per share, with a total value of £218,000 ($275,252.53).
• 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 ($1.48), for a total transaction of £5,557,500 ($7,017,045.45).

Mitie Group Stock Down 0.9 %

Shares of MTO traded down GBX 1 ($0.01) on Monday, hitting GBX 110 ($1.39). 3,012,354 shares of the stock traded hands, compared to its average volume of 3,207,135. The company has a market capitalization of £1.36 billion, a PE ratio of 1,233.33, a P/E/G ratio of 10.10 and a beta of 1.41. The company has a debt-to-equity ratio of 67.87, a quick ratio of 0.83 and a current ratio of 0.93. The business has a 50 day simple moving average of GBX 113.84 and a 200 day simple moving average of GBX 117.66. Mitie Group plc has a one year low of GBX 93 ($1.17) and a one year high of GBX 127 ($1.60).

Mitie Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 4th. Investors of record on Thursday, December 19th will be given a dividend of GBX 1.30 ($0.02) per share. 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 (DPR) is currently 4,444.44%.

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.