Minoan Group (LON:MIN) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Minoan Group Plc (LON:MINGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.64 ($0.01) and traded as low as GBX 0.62 ($0.01). Minoan Group shares last traded at GBX 0.69 ($0.01), with a volume of 1,197,360 shares traded.

Minoan Group Price Performance

The stock has a 50-day simple moving average of GBX 0.69 and a 200 day simple moving average of GBX 0.64. The company has a market cap of £5.63 million, a PE 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

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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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