ITE Group’s (ITE) Add Rating Reiterated at Peel Hunt

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Peel Hunt restated their add rating on shares of ITE Group (LON:ITE) in a research note issued to investors on Thursday morning, ThisIsMoney.Co.Uk reports.

Separately, Numis Securities reissued a buy rating on shares of ITE Group in a research note on Wednesday.

Shares of LON ITE traded up GBX 1.90 ($0.02) during trading on Thursday, reaching GBX 75.60 ($0.99). The company had a trading volume of 356,975 shares, compared to its average volume of 242,645. ITE Group has a 12-month low of GBX 55.40 ($0.72) and a 12-month high of GBX 98.87 ($1.29). The stock has a market cap of $540.96 million and a P/E ratio of -47.25. The company has a current ratio of 0.86, a quick ratio of 0.69 and a debt-to-equity ratio of 40.74.

ITE Group Company Profile

ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

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