Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report)’s share price traded up 37.2% during mid-day trading on Thursday . The stock traded as high as GBX 1.45 ($0.02) and last traded at GBX 1.33 ($0.02). 12,623,259 shares were traded during mid-day trading, an increase of 1,400% from the average session volume of 841,804 shares. The stock had previously closed at GBX 0.97 ($0.01).
Mercantile Ports & Logistics Price Performance
The business has a 50 day moving average of GBX 1.11 and a 200 day moving average of GBX 1.33. The company has a market cap of £3.92 million, a PE ratio of -12.75 and a beta of 0.41. The company has a debt-to-equity ratio of 77.03, a current ratio of 1.01 and a quick ratio of 0.38.
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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