Mitie Group (MTO)

Sector:

Support

Index:

FTSE 250

116.00p
   
  • Change Today:
      0.40p
  • 52 Week High: 119.00
  • 52 Week Low: 88.90
  • Currency: UK Pounds
  • Shares Issued: 1,334.91m
  • Volume: 2,141,891
  • Market Cap: £1,548.49m
  • RiskGrade: 216

CMA ends probe into Mitie Home Office contracts

By Michele Maatouk

Date: Tuesday 14 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Mitie said on Tuesday that the Competition and Markets Authority has closed its investigation into alleged anti-competitive behaviour regarding contracts at Heathrow and an immigration removal centre.
The CMA announced last March that it had launched an investigation into the participation by Mitie, Mitie Care and Customer Limited and PAE, in the ongoing procurement processes run by the Home Office for contracts to supply certain services at Heathrow and Derwentside Immigration Removal Centres in the UK.

In December, the watchdog said it had provisionally decided to close the probe on the basis that there were no grounds for action.

"Today the CMA has announced that it has reached a final decision to close the investigation on the basis that there are no grounds for action," Mitie said in a brief statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mitie Group Market Data

Currency UK Pounds
Share Price 116.00p
Change Today 0.40p
% Change 0.35 %
52 Week High 119.00
52 Week Low 88.90
Volume 2,141,891
Shares Issued 1,334.91m
Market Cap £1,548.49m
RiskGrade 216

Mitie Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.58% below the market average73.58% below the market average73.58% below the market average73.58% below the market average73.58% below the market average
68.89% below the sector average68.89% below the sector average68.89% below the sector average68.89% below the sector average68.89% below the sector average
Price Trend
87.05% above the market average87.05% above the market average87.05% above the market average87.05% above the market average87.05% above the market average
76.24% above the sector average76.24% above the sector average76.24% above the sector average76.24% above the sector average76.24% above the sector average
Income
10.16% above the market average10.16% above the market average10.16% above the market average10.16% above the market average10.16% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
87.94% above the market average87.94% above the market average87.94% above the market average87.94% above the market average87.94% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Mitie Group Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Dec-23 22-Jun-23
Paid 31-Jan-24 04-Aug-23
Amount 1.00p 2.20p

Trades for 19-Apr-2024

Time Volume / Share Price
16:41 215,553 @ 115.87p
16:35 552,701 @ 116.00p
16:35 3,368 @ 116.00p
16:35 22,512 @ 116.00p
16:35 2,889 @ 116.00p

Mitie Group Key Personnel

CEO Phillip Bentley

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