Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report)’s share price traded up 12.1% during mid-day trading on Tuesday . The stock traded as high as GBX 1.87 and last traded at GBX 1.57. 14,862,105 shares were traded during mid-day trading, an increase of 37% from the average session volume of 10,874,630 shares. The stock had previously closed at GBX 1.40.
Mercantile Ports & Logistics Price Performance
The company has a 50 day moving average price of GBX 1.22 and a 200-day moving average price of GBX 0.69. The company has a quick ratio of 0.38, a current ratio of 1.01 and a debt-to-equity ratio of 77.03. The company has a market cap of £5.59 million, a price-to-earnings ratio of -0.18 and a beta of 0.41.
Mercantile Ports & Logistics Company Profile
The terminal will be designed to handle vessels of up to 4000 DWT having a draft of up to 5 meters, with the potential to handle vessels up to 10 meter draft at a later stage.
Logistics Facility
Karanja Terminal will also house an ultra-modern logistics complex spread over approximately 100 acres of land.
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