Mercantile Ports & Logistics (LON:MPL) Hits New 52-Week Low at $1.10

Mercantile Ports & Logistics Limited (LON:MPL) shares hit a new 52-week low on Monday . The stock traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.40 ($0.02), with a volume of 272909 shares. The stock had previously closed at GBX 1.95 ($0.03).

Mercantile Ports & Logistics Trading Down 28.2 %

The company has a market capitalization of £4.99 million, a PE ratio of -14.00 and a beta of 0.41. The company has a quick ratio of 0.38, a current ratio of 1.39 and a debt-to-equity ratio of 66.36. The firm’s 50 day simple moving average is GBX 1.79 and its 200-day simple moving average is GBX 1.74.

Insider Transactions at Mercantile Ports & Logistics

In other news, insider Jeremy Allen sold 80,048 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of GBX 2 ($0.03), for a total transaction of £1,600.96 ($2,143.76). Insiders own 60.56% of the company’s stock.

Mercantile Ports & Logistics Company Profile

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.