Is Mitie Group (MITFY) Stock Undervalued Right Now? [Yahoo! Finance]
MITIE GROUP PLC UNSP/ADR (MITFY)
NASDAQ:AMEX Investor Relations:
mitie.com/investors
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Source: Yahoo! Finance
Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One company value investors might notice is Mitie Group (MITFY) . MITFY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 10.43, which compares to its industry's average of 20.84. Over the past 52 weeks, MITFY's Forward P/E
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