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

Mincon Group plc (LON:MCON)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 52 and last traded at GBX 52, with a volume of 4156 shares traded. The stock had previously closed at GBX 50.50.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Mincon Group in a research report on Thursday, October 23rd.

Mincon Group Stock Up 3.0%

The firm has a market capitalization of £110.49 million, a price-to-earnings ratio of 25.37 and a beta of 0.20. The firm has a fifty day moving average price of GBX 45.70 and a 200 day moving average price of GBX 41.62. The company has a current ratio of 3.37, a quick ratio of 1.07 and a debt-to-equity ratio of 25.34.

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.