Mincon Group (LON:MCON) Trading 0.1% Higher – Here’s Why

Mincon Group plc (LON:MCON – Get Free Report)’s share price was up 0.1% during trading on Wednesday . The stock traded as high as GBX 55 and last traded at GBX 53.89. Approximately 480 shares changed hands during trading, a decline of 98% from the average daily volume of 28,214 shares. The stock had previously closed at GBX 53.83.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Mincon Group in a research report on Wednesday, April 29th.

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Mincon Group Stock Performance

The company has a debt-to-equity ratio of 22.51, a quick ratio of 1.07 and a current ratio of 3.32. The stock’s 50-day moving average is GBX 59.45 and its 200 day moving average is GBX 53.04. The firm has a market cap of £123.23 million, a P/E ratio of 23.11 and a beta of 0.11.

About Mincon Group

(Get Free Report)

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.

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