Minoan Group (LON:MIN) Trading Down 8% – What’s Next?

Minoan Group Plc (LON:MINGet Free Report) fell 8% during trading on Wednesday . The company traded as low as GBX 0.55 ($0.01) and last traded at GBX 0.58 ($0.01). 2,803,626 shares were traded during trading, an increase of 47% from the average session volume of 1,910,196 shares. The stock had previously closed at GBX 0.63 ($0.01).

Minoan Group Price Performance

The firm has a 50 day moving average price of GBX 0.67 and a two-hundred day moving average price of GBX 0.65. The company has a market cap of £4.89 million, a P/E ratio of -10.25 and a beta of 1.08. The company has a debt-to-equity ratio of 6.76, a quick ratio of 0.02 and a current ratio of 5.04.

Minoan Group Company Profile

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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.

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