MTO

Mitie Group Plc

99.50
3.10 (3.22%)
Share Name Share Symbol Market Type Share ISIN Share Description
Mitie Group Plc LSE:MTO London Ordinary Share GB0004657408 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  3.10 3.22% 99.50 4,829,686 16:35:03
Bid Price Offer Price High Price Low Price Open Price
99.40 99.60 100.40 94.60 95.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Engineering Services 4,024.20 50.70 3.50 23.55 1,418.44
Last Trade Time Trade Type Trade Size Trade Price Currency
18:45:09 O 47,574 99.56 GBX

Mitie (MTO) Latest News (8)

Mitie (MTO) Discussions and Chat

Mitie Forums and Chat

Date Time Title Posts
26/5/202320:43MITIE by name mighty by nature906
08/12/202016:21Mitie becomes Mini?62
04/6/201913:03Mitie Group FY Results Preview 06.06.2019-
27/3/201913:00Mitie Group Update 28.03.19 Preview-
03/12/201411:44Ruby Tuesday...-

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Mitie (MTO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-08 17:45:1599.5647,57447,364.67O
2023-06-08 17:45:1499.562,1892,179.37O
2023-06-08 16:53:1499.5047,77247,533.14O
2023-06-08 16:50:2999.538,2208,181.37O
2023-06-08 16:49:0799.5664,22963,946.39O

Mitie (MTO) Top Chat Posts

Top Posts
Posted at 04/7/2022 10:28 by ram376s
GDr share .
Posted at 24/6/2022 13:40 by ppreston1
I'm surprised by the weakness in the share price since going ex-div yesterday. Final results were excellent and were well received. Not sure what's holding this back. Any gains seems to be short lived.
Posted at 09/6/2022 08:31 by drk1
htTps://www.cityam.com/revenue-surges-to-2-5bn-for-outsource-giant-mitie-thanks-to-new-contract-wins/?utm_source=dlvr.it&utm_medium=twitter

Fantastic set of results with the icing of a share buy-back and dividend - fully expect us to see the highs of the last 18 months revisited soon. ;-)

Posted at 09/6/2022 08:17 by casholaa
They are doing a share buyback too!
Posted at 09/6/2022 07:57 by philbentley
That is ridiculous if is bad thing when small volume can move price up. EOT
Posted at 07/6/2022 15:03 by drk1
Currently sitting right on resistance @ 60p making it decision time for MTO - can it break through or will this herlad a retrace. Let's see! ;-)
Posted at 04/5/2022 08:13 by drk1
Peel Hunt reiterates Mitie as a ‘buy’
Outsourcing group Mitie (MTO) has expanded its telecoms capabilities with an acquisition and is embedding it within critical services, says Peel Hunt.

Analyst Christopher Bamberry reiterated his ‘buy’ recommendation and target price of 92p on the stock, which was trading up 3.5% at 56.1p late on Tuesday after buying 8point8, a mobile telecoms tower design and construction firm, for £10m.

‘The company expects the acquisition to be accretive to earnings,’ he said.

‘The acquisition expands Mitie’s telecoms acquisition, design and construction capabilities following the recent acquisitions of [telecoms companies] Dael and P2ML.’

Bamberry said the group is ‘adding the capacity to increase self-delivery of critical services’.

Posted at 25/2/2022 13:08 by sphere25
There is so much to say about this market.

Just note the trends are bearish and the proper flush hasn't happened imo. The technical oversold bounce is happening now (or at least some form of it) but events are fluid. I haven't seen a proper flush in the shares I am watching so caution very much still needed.

Volumes haven't spiked in substantial ways to show a proper flush nor has there been a real panic type capitulation, it is more a case of a gradual downtrend in the big fallers, little by little.

In light of that, there are plenty of shares out there now where the multiple has been compressed to the point whereby long termers must be looking to nibble. Assuming commodity, metal and energy prices don't now run away to cause significant central bank tightening that results in a recession, value is appearing.

This is such a tricky market to navigate:

No recession or major implications from Russia - US eventually flushes, bottoms and we move back higher, especially on the growth shares (that actually generate profits) that have been hammered to low multiples as well as the value shares.

Recession i.e. central bank balls ups, Russia having a more pronounced impact and run away inflation - further downside to come.

Wish I knew the answer. I don't.

I can be nimble as a trader though. This is very much a traders market now.

Picked up a few things today (again, this bounce might not last long) for a quick bounce including MTO.

A few bigger buyers coming in and mopping up here in the low 50's. However, that is no guarantee it won't end up making another low. There are lines of sellers, wave after wave, that keep coming into these shares and they aren't being exhausted.

Alot of the charts aren't even forming a bottoming pattern.

Stop at under 50p here.

Trading nimble and using stops.

Welcome to Whipsaw City.

All imo
DYOR

Posted at 27/1/2022 19:46 by drk1
"Main cloud is the lack of share price momentum, going nowhere for 5 years now. One to monitor for the time being."

What on earth are they talking about - three years ago we were trading at 146p - well over twice the current share price and at the beginning of the pandemic we were trading at £1. Got to be room for significant upside from here based on the PE alone.

Posted at 27/1/2022 14:58 by kalai1
Mitie Group plc issued a trading update for Q3 FY22 and also provided guidance for the full year ending 31 March 2022 (FY22). Third quarter revenue including share of joint ventures and associates of £1,008m was up 51% from the same period last year Q3 FY21 £667m, and was also 1% ahead of Q2 FY22. FY22 revenue and operating profit before other items are now expected to be in the region of £3.8bn-£3.9bn and £160m-£165m respectively, both are higher than previously guided. Valuation is a definite positive for the investment case with forward PE ratio of a little over 8 very attractive. Main cloud is the lack of share price momentum, going nowhere for 5 years now. One to monitor for the time being....from WealthOracleAM

hxxps://wealthoracle.co.uk/detailed-result-full/MTO/328

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