Mitie Group plc (LON:MTO) Insider Acquires £149.60 in Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley bought 136 shares of the company’s stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 110 ($1.40) per share, with a total value of £149.60 ($190.19).

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

• On Thursday, November 21st, Phillip Bentley acquired 200,000 shares of Mitie Group stock. The stock was purchased at an average cost of GBX 109 ($1.39) per share, with a total value of £218,000 ($277,142.13).
• On Wednesday, October 16th, Phillip Bentley sold 4,750,000 shares of Mitie Group stock. The stock was sold at an average price of GBX 117 ($1.49), for a total transaction of £5,557,500 ($7,065,217.39).

Mitie Group Stock Performance

Mitie Group stock opened at GBX 109.60 ($1.39) on Wednesday. The stock has a market cap of £1.36 billion, a price-to-earnings ratio of 1,224.44, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. The company has a debt-to-equity ratio of 67.87, a current ratio of 0.93 and a quick ratio of 0.83. The firm has a 50 day simple moving average of GBX 113.70 and a 200-day simple moving average of GBX 117.59. Mitie Group plc has a 1-year low of GBX 93 ($1.18) and a 1-year high of GBX 127 ($1.61).

Mitie Group Cuts Dividend

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