Mercantile Ports & Logistics Ltd (LON:MPL) insider Lord Flight purchased 100,000 shares of the firm’s stock in a transaction on Thursday, September 21st. The stock was acquired at an average cost of GBX 8 ($0.11) per share, for a total transaction of £8,000 ($10,758.47).

Shares of Mercantile Ports & Logistics Ltd (MPL) opened at 8.25 on Tuesday. The firm has a 50-day moving average price of GBX 6.28 and a 200-day moving average price of GBX 6.63. The firm’s market capitalization is GBX 31.68 million. Mercantile Ports & Logistics Ltd has a 52 week low of GBX 3.75 and a 52 week high of GBX 13.00.

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Mercantile Ports & Logistics Company Profile

Mercantile Ports and Logistics Limited, formerly SKIL Ports & Logistics Limited, is a holding company. The Company develops, owns and operates port and logistics facilities. It is engaged in developing a port and logistics facility at Karanja Creek in the Raigad District of Maharashtra. It intends to develop and operate shallow draft ports or deep draft ports at other locations along the Indian coastline.

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