Mincon Group (LON:MCON) Given “House Stock” Rating at Shore Capital

Mincon Group (LON:MCON)‘s stock had its “house stock” rating reaffirmed by stock analysts at Shore Capital in a note issued to investors on Monday,London Stock Exchange reports.

Mincon Group Stock Up 5.6%

LON:MCON traded up GBX 2 ($0.03) during trading hours on Monday, reaching GBX 38 ($0.51). The company’s stock had a trading volume of 15,200 shares, compared to its average volume of 27,015. The stock has a 50 day moving average price of GBX 35.58 and a two-hundred day moving average price of GBX 36.19. Mincon Group has a 12 month low of GBX 32 ($0.43) and a 12 month high of GBX 50 ($0.66). The company has a market capitalization of £102.60 million, a P/E ratio of 64.94 and a beta of 0.20. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.07 and a current ratio of 3.37.

About Mincon Group

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.