Shares of Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report) rose 10% during trading on Thursday . The company traded as high as GBX 1.98 ($0.03) and last traded at GBX 1.98 ($0.03). Approximately 6,150 shares were traded during trading, a decline of 98% from the average daily volume of 258,198 shares. The stock had previously closed at GBX 1.80 ($0.02).
Mercantile Ports & Logistics Stock Performance
The company has a market capitalization of £6.41 million, a price-to-earnings ratio of -9.00 and a beta of 0.59. The company has a debt-to-equity ratio of 46.61, a current ratio of 1.33 and a quick ratio of 0.38. The stock has a 50 day simple moving average of GBX 1.72 and a two-hundred day simple moving average of GBX 1.74.
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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