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

Mincon Group (LON:MCON)‘s stock had its “house stock” rating reissued by investment analysts at Shore Capital in a research note issued to investors on Friday, LSE.Co.UK reports.

Mincon Group Stock Up 1.6 %

Shares of LON:MCON traded up GBX 0.60 ($0.01) on Friday, hitting GBX 38.10 ($0.49). 23,568 shares of the company’s stock were exchanged, compared to its average volume of 17,471. 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 market capitalization of £80.95 million, a PE ratio of 3,810.00 and a beta of 0.20. The company has a debt-to-equity ratio of 25.33, a quick ratio of 1.07 and a current ratio of 3.37. The firm’s 50-day moving average is GBX 36.95 and its 200 day moving average is GBX 41.53.

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.