Minoan Group (LON:MIN) Stock Price Down 8.3% – Time to Sell?

Shares of Minoan Group Plc (LON:MINGet Free Report) dropped 8.3% during trading on Tuesday . The company traded as low as GBX 0.37 ($0.00) and last traded at GBX 0.37 ($0.00). Approximately 1,469,905 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 3,483,627 shares. The stock had previously closed at GBX 0.40 ($0.01).

Minoan Group Stock Down 8.3 %

The stock has a 50 day simple moving average of GBX 0.51 and a 200 day simple moving average of GBX 0.58. The company has a market capitalization of £3.41 million, a price-to-earnings ratio of -3.57 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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