Mincon Group (LON:MCON) Stock Price Down 1.2%

Mincon Group plc (LON:MCON)’s stock price traded down 1.2% during mid-day trading on Friday . The stock traded as low as GBX 37.05 ($0.50) and last traded at GBX 37.05 ($0.50). 10,248 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 17,471 shares. The stock had previously closed at GBX 37.50 ($0.50).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Mincon Group in a research note on Tuesday, August 6th.

Mincon Group Price Performance

The firm has a market cap of £79.68 million, a PE ratio of 3,705.00 and a beta of 0.20. The company has a debt-to-equity ratio of 25.33, a current ratio of 3.37 and a quick ratio of 1.07. The firm has a 50-day simple moving average of GBX 37.48 and a 200 day simple moving average of GBX 43.70.

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.