Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report) traded down 8.3% during mid-day trading on Friday . The company traded as low as GBX 1.58 ($0.02) and last traded at GBX 1.65 ($0.02). 2,290,434 shares traded hands during mid-day trading, an increase of 540% from the average session volume of 357,829 shares. The stock had previously closed at GBX 1.80 ($0.02).
Mercantile Ports & Logistics Stock Down 8.3 %
The company has a quick ratio of 0.38, a current ratio of 1.33 and a debt-to-equity ratio of 46.61. The company has a market capitalization of £5.88 million, a price-to-earnings ratio of -8.25 and a beta of 0.59. The stock’s fifty day moving average price is GBX 1.78 and its 200-day moving average price is GBX 2.16.
Mercantile Ports & Logistics Company Profile
Mercantile Ports & Logistics Limited, through its subsidiaries, develops, owns, and operates port and logistics facilities in India. The company developing a port and logistics facility in approximately 200 acres of land with a sea frontage of 1,000 meters at Karanja Creek. It also provides port operation services, including cargo handling, storage, other ancillary port, and logistics services.
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