Minoan Group (LON:MIN) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Minoan Group Plc (LON:MINGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.61 ($0.01) and traded as low as GBX 0.41 ($0.00). Minoan Group shares last traded at GBX 0.41 ($0.00), with a volume of 810,455 shares traded.

Minoan Group Stock Performance

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 cap of £3.42 million, a P/E ratio of -10.25 and a beta of 1.08. The stock has a 50-day simple moving average of GBX 0.61 and a 200-day simple moving average of GBX 0.61.

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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