Minoan Group (LON:MIN) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Minoan Group Plc (LON:MINGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.60 ($0.01) and traded as low as GBX 0.41 ($0.01). Minoan Group shares last traded at GBX 0.41 ($0.01), with a volume of 488,779 shares changing hands.

Minoan Group Price Performance

The company has a market capitalization of £3.46 million, a price-to-earnings ratio of -10.25 and a beta of 1.08. The company has a current ratio of 5.04, a quick ratio of 0.02 and a debt-to-equity ratio of 6.76. The firm has a 50-day simple moving average of GBX 0.58 and a two-hundred day simple moving average of GBX 0.60.

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.

Further Reading

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