Sutton Harbour Group (LON:SUH) Shares Down 22.2% – Here’s Why

Shares of Sutton Harbour Group plc (LON:SUH) dropped 22.2% during mid-day trading on Thursday . The stock traded as low as GBX 3.50 and last traded at GBX 3.50. Approximately 147,782 shares changed hands during mid-day trading, an increase of 256% from the average daily volume of 41,546 shares. The stock had previously closed at GBX 4.50.

Sutton Harbour Group Trading Down 32.2%

The firm has a market capitalization of £4.36 million, a PE ratio of -0.26 and a beta of 0.41. The firm has a 50 day simple moving average of GBX 3.31 and a 200 day simple moving average of GBX 4.23. The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of 76.02.

Sutton Harbour Group Company Profile

Sutton Harbour Group plc, together with its subsidiaries, offers harbour and its ancillary facilities in the United Kingdom. It operates through Marine, Real Estate, Car Parking, and Regeneration segments. The company owns and operates a Marina at Sutton Harbour that provides berthing for 523 leisure and commercial vessels; King Point Marina that has 119 leisure berths; and Plymouth Fisheries. It is also involved in the marine operations; and waterfront real estate regeneration, investment, and development businesses; and rental of investment properties, including office space, retail, and leisure facilities, as well as providing public car parking services.