Minoan Group (LON:MIN) Stock Price Down 8% – Should You Sell?

Minoan Group Plc (LON:MINGet Free Report) traded down 8% during mid-day trading on Wednesday . The stock traded as low as GBX 0.55 ($0.01) and last traded at GBX 0.58 ($0.01). 2,803,626 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 1,910,196 shares. The stock had previously closed at GBX 0.63 ($0.01).

Minoan Group Stock Performance

The company’s fifty day simple moving average is GBX 0.67 and its 200 day simple moving average is GBX 0.65. The stock has a market capitalization of £4.89 million, a P/E 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.

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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