Minoan Group (LON:MIN) Stock Price Down 9.8% – What’s Next?

Minoan Group Plc (LON:MINGet Free Report) dropped 9.8% during mid-day trading on Thursday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.61 ($0.01). Approximately 1,706,620 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 1,893,021 shares. The stock had previously closed at GBX 0.68 ($0.01).

Minoan Group Price Performance

The company has a market capitalization of £5.49 million, a price-to-earnings ratio of -10.25 and a beta of 1.08. The company has a quick ratio of 0.02, a current ratio of 5.04 and a debt-to-equity ratio of 6.76. The business has a 50-day moving average price of GBX 0.64 and a 200-day moving average price of GBX 0.65.

About Minoan Group

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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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