Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report)’s stock price traded up 12.1% on Tuesday . The company traded as high as GBX 1.87 and last traded at GBX 1.57. 14,862,105 shares were traded during trading, an increase of 37% from the average session volume of 10,874,630 shares. The stock had previously closed at GBX 1.40.
Mercantile Ports & Logistics Price Performance
The stock has a market capitalization of £5.59 million, a P/E ratio of -0.18 and a beta of 0.41. The business has a fifty day simple moving average of GBX 1.22 and a 200-day simple moving average of GBX 0.69. The company has a debt-to-equity ratio of 77.03, a quick ratio of 0.38 and a current ratio of 1.01.
About Mercantile Ports & Logistics
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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