Minoan Group (LON:MIN) Trading 21.5% Higher – Still a Buy?

Minoan Group Plc (LON:MINGet Free Report)’s stock price rose 21.5% during mid-day trading on Friday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). Approximately 3,600,576 shares were traded during trading, an increase of 92% from the average daily volume of 1,877,550 shares. The stock had previously closed at GBX 0.65 ($0.01).

Minoan Group Stock Up 19.2 %

The business’s 50 day simple moving average is GBX 0.57 and its 200-day simple moving average is GBX 0.65. The company has a debt-to-equity ratio of 6.76, a quick ratio of 0.02 and a current ratio of 5.04. The company has a market cap of £6.54 million, a price-to-earnings ratio of -10.25 and a beta of 1.08.

About Minoan Group

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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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