Mincon Group (LON:MCON) Earns House Stock Rating from Shore Capital Group

Mincon Group (LON:MCON)‘s stock had its “house stock” rating reissued by analysts at Shore Capital Group in a research report issued on Wednesday,Digital Look reports.

Mincon Group Price Performance

Shares of MCON traded down GBX 1.88 during trading hours on Wednesday, reaching GBX 58.12. 14,404 shares of the company’s stock traded hands, compared to its average volume of 31,574. The firm’s 50 day simple moving average is GBX 57.44 and its 200-day simple moving average is GBX 48.89. The stock has a market cap of £123.49 million, a PE ratio of 23.16 and a beta of 0.25. Mincon Group has a 12 month low of GBX 28 and a 12 month high of GBX 63. The company has a current ratio of 3.32, a quick ratio of 1.07 and a debt-to-equity ratio of 22.51.

Mincon Group Company Profile

Mincon Group plc engages in the design, manufacture, sale, and servicing of rock drilling tools and associated products in Ireland, the Americas, Australasia, Europe, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; rotary drill bits; and construction and geotechnical solutions, including foundation drilling, pipe pile-walls, fore poling, well drilling, and anchoring.