Minoan Group (LON:MIN) Shares Down 5.8% – What’s Next?

Minoan Group Plc (LON:MIN)’s share price dropped 5.8% on Monday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.63 ($0.01). Approximately 2,878,523 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 1,945,804 shares. The stock had previously closed at GBX 0.67 ($0.01).

Minoan Group Price Performance

The stock has a fifty day moving average of GBX 0.69 and a two-hundred day moving average of GBX 0.63. The stock has a market cap of £5.13 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.

Minoan Group Company Profile

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.