Mercantile Ports & Logistics Limited (LON:MPL – Get Free Report) shares rose 12% during trading on Tuesday . The stock traded as high as GBX 0.70 and last traded at GBX 0.70. Approximately 115,105 shares changed hands during trading, a decline of 96% from the average daily volume of 3,045,280 shares. The stock had previously closed at GBX 0.63.
Mercantile Ports & Logistics Stock Up 0.5%
The company has a quick ratio of 0.38, a current ratio of 1.01 and a debt-to-equity ratio of 77.03. The firm has a 50 day moving average of GBX 0.47 and a 200 day moving average of GBX 0.91. The firm has a market cap of £2.24 million, a price-to-earnings ratio of -0.07 and a beta of 0.41.
About Mercantile Ports & Logistics
The terminal will be designed to handle vessels of up to 4000 DWT having a draft of up to 5 meters, with the potential to handle vessels up to 10 meter draft at a later stage.
Logistics Facility
Karanja Terminal will also house an ultra-modern logistics complex spread over approximately 100 acres of land.
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