Minoan Group (LON:MIN) Stock Price Down 5.8% – What’s Next?

Minoan Group Plc (LON:MIN)’s stock price dropped 5.8% on Monday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.63 ($0.01). Approximately 2,878,523 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 1,945,804 shares. The stock had previously closed at GBX 0.67 ($0.01).

Minoan Group Price Performance

The firm’s 50 day simple moving average is GBX 0.69 and its 200 day simple moving average is GBX 0.64. The company has a debt-to-equity ratio of 6.76, a current ratio of 5.04 and a quick ratio of 0.02. The stock has a market capitalization of £5.30 million, a PE ratio of -10.25 and a beta of 1.08.

About Minoan Group

Minoan Group Plc, together with its subsidiaries, designs, creates, develops, and manages luxury hotels and resorts. The company was formerly known as Loyalward Group Plc and changed its name to Minoan Group Plc in June 2005. Minoan Group Plc was incorporated in 1999 and is based in Croydon, the United Kingdom.