Mincon Group’s (MCON) House Stock Rating Reiterated at Shore Capital

Mincon Group (LON:MCON)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a research report issued on Monday,London Stock Exchange reports.

Mincon Group Stock Performance

Mincon Group stock traded up GBX 2 ($0.03) during midday trading on Monday, reaching GBX 38 ($0.51). 15,200 shares of the company’s stock were exchanged, compared to its average volume of 27,015. The stock’s 50-day simple moving average is GBX 35.58 and its 200 day simple moving average is GBX 36.19. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.07 and a current ratio of 3.37. The firm has a market cap of £102.60 million, a price-to-earnings ratio of 64.94 and a beta of 0.20. Mincon Group has a 52 week low of GBX 32 ($0.43) and a 52 week high of GBX 50 ($0.66).

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.