Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report)’s share price dropped 8.3% on Friday . The stock traded as low as GBX 1.58 ($0.02) and last traded at GBX 1.65 ($0.02). Approximately 2,290,434 shares traded hands during trading, an increase of 540% from the average daily 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 market cap of £5.88 million, a price-to-earnings ratio of -8.25 and a beta of 0.59. The stock has a 50-day simple moving average of GBX 1.78 and a 200-day simple moving average of GBX 2.17. The company has a current ratio of 1.33, a quick ratio of 0.38 and a debt-to-equity ratio of 46.61.
About Mercantile Ports & Logistics
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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