Mercantile Ports & Logistics (LON:MPL – Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX (0.08) earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 140 million for the quarter.
Mercantile Ports & Logistics Stock Down 17.2%
Shares of MPL stock traded down GBX 0.33 during mid-day trading on Tuesday, reaching GBX 1.57. 33,039,586 shares of the company were exchanged, compared to its average volume of 11,195,483. Mercantile Ports & Logistics has a fifty-two week low of GBX 0.20 and a fifty-two week high of GBX 3.30. The company has a debt-to-equity ratio of 77.03, a quick ratio of 0.38 and a current ratio of 1.01. The company has a market capitalization of £5.60 million, a P/E ratio of -0.19 and a beta of 0.41. The business’s 50 day simple moving average is GBX 1.28 and its 200 day simple moving average is GBX 0.77.
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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