Minoan Group (LON:MIN) Trading 16.7% Higher – Here’s Why

Minoan Group Plc (LON:MIN)’s stock price shot up 16.7% during trading on Wednesday . The stock traded as high as GBX 0.49 ($0.01) and last traded at GBX 0.49 ($0.01). 9,660,080 shares were traded during trading, an increase of 25% from the average session volume of 7,756,817 shares. The stock had previously closed at GBX 0.42 ($0.01).

Minoan Group Trading Up 15.5 %

The business’s fifty day simple moving average is GBX 0.67 and its two-hundred day simple moving average is GBX 0.62. The stock has a market capitalization of £4.10 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.

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.