Mincon Group (LON:MCON) Sets New 12-Month High – Here’s What Happened

Mincon Group plc (LON:MCON – Get Free Report) shares reached a new 52-week high during trading on Wednesday. The company traded as high as GBX 80.95 and last traded at GBX 80.95, with a volume of 24278 shares changing hands. The stock had previously closed at GBX 75.50.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “house stock” rating on shares of Mincon Group in a research report on Tuesday, August 4th.

Check Out Our Latest Report on MCON

Mincon Group Stock Up 10.8%

The firm’s 50 day moving average is GBX 65.96 and its 200-day moving average is GBX 61.76. The firm has a market cap of £184.85 million, a PE ratio of 18.28 and a beta of 0.14. The company has a quick ratio of 1.07, a current ratio of 3.13 and a debt-to-equity ratio of 18.63.

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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