Mincon Group (LON:MCON) Earns “House Stock” Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Mincon Group (LON:MCON) in a report published on Tuesday morning, Marketbeat Ratings reports.

Mincon Group Stock Performance

Shares of LON MCON opened at GBX 45 ($0.57) on Tuesday. The stock has a fifty day simple moving average of GBX 49.77 and a 200-day simple moving average of GBX 53.49. Mincon Group has a twelve month low of GBX 40 ($0.50) and a twelve month high of GBX 95 ($1.19). The company has a current ratio of 3.55, a quick ratio of 1.07 and a debt-to-equity ratio of 26.00. The stock has a market capitalization of £95.61 million, a PE ratio of 1,500.00 and a beta of 0.19.

Mincon Group Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 23rd will be issued a €0.01 ($0.01) dividend. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, May 23rd. Mincon Group’s dividend payout ratio (DPR) is currently 6,666.67%.

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.