Mincon Group (LON:MCON) Stock Rating Reaffirmed by Shore Capital

Shore Capital restated their house stock rating on shares of Mincon Group (LON:MCON) in a report published on Friday, LSE.Co.UK reports.

Mincon Group Trading Up 1.6 %

Shares of MCON opened at GBX 38.10 ($0.49) on Friday. The business’s 50-day moving average price is GBX 36.96 and its 200 day moving average price is GBX 41.35. The stock has a market capitalization of £80.95 million, a P/E ratio of 3,620.00 and a beta of 0.20. Mincon Group has a 1-year low of GBX 32 ($0.42) and a 1-year high of GBX 60 ($0.78). The company has a current ratio of 3.37, a quick ratio of 1.07 and a debt-to-equity ratio of 25.33.

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.