Shares of Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report) traded down 1.9% on Wednesday . The stock traded as low as GBX 1.70 and last traded at GBX 1.77. 3,962,880 shares were traded during mid-day trading, a decline of 58% from the average session volume of 9,378,543 shares. The stock had previously closed at GBX 1.80.
Mercantile Ports & Logistics Stock Down 8.0%
The firm has a 50 day simple moving average of GBX 0.81 and a two-hundred day simple moving average of GBX 0.58. The company has a market capitalization of £4.59 million, a PE ratio of -0.15 and a beta of 0.41. The company has a current ratio of 1.01, a quick ratio of 0.38 and a debt-to-equity ratio of 77.03.
Mercantile Ports & Logistics Company Profile
The terminal will be designed to handle vessels of up to 4000 DWT having a draft of up to 5 meters, with the potential to handle vessels up to 10 meter draft at a later stage.
Logistics Facility
Karanja Terminal will also house an ultra-modern logistics complex spread over approximately 100 acres of land.
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