Minoan Group (LON:MIN) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Minoan Group Plc (LON:MINGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.60 ($0.01) and traded as low as GBX 0.41 ($0.01). Minoan Group shares last traded at GBX 0.41 ($0.01), with a volume of 488,779 shares.

Minoan Group Price Performance

The stock has a market capitalization of £3.66 million, a P/E ratio of -10.25 and a beta of 1.08. 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 firm has a 50-day moving average price of GBX 0.57 and a 200 day moving average price of GBX 0.59.

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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