Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report)’s stock price traded up 57.4% during mid-day trading on Thursday . The company traded as high as GBX 2.38 and last traded at GBX 2.27. Approximately 39,669,176 shares traded hands during mid-day trading, an increase of 267% from the average session volume of 10,802,650 shares. The stock had previously closed at GBX 1.44.
Mercantile Ports & Logistics Trading Up 57.4%
The firm has a market capitalization of £8.07 million, a PE ratio of -0.27 and a beta of 0.41. The company has a quick ratio of 0.38, a current ratio of 1.01 and a debt-to-equity ratio of 77.03. The business’s fifty day moving average price is GBX 1.30 and its 200 day moving average price is GBX 0.73.
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.
See Also
- Five stocks we like better than Mercantile Ports & Logistics
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Mercantile Ports & Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercantile Ports & Logistics and related companies with MarketBeat.com's FREE daily email newsletter.
