Mercantile Ports & Logistics (LON:MPL) Reaches New 52-Week Low – Here’s What Happened

Mercantile Ports & Logistics Limited (LON:MPL)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01), with a volume of 752 shares changing hands. The stock had previously closed at GBX 1.16 ($0.01).

Mercantile Ports & Logistics Stock Down 5.2 %

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 stock has a market capitalization of £3.92 million, a P/E ratio of -12.75 and a beta of 0.41. The company has a fifty day moving average price of GBX 1.24 and a 200-day moving average price of GBX 1.52.

About Mercantile Ports & Logistics

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.