Shore Capital Reaffirms House Stock Rating for Mincon Group (LON:MCON)

Shore Capital reissued their house stock rating on shares of Mincon Group (LON:MCON) in a research report released on Tuesday morning, MarketBeat reports.

Mincon Group Stock Up 1.4 %

MCON opened at GBX 35 ($0.45) on Tuesday. The stock has a fifty day moving average of GBX 43.66 and a 200-day moving average of GBX 48.08. The company has a market capitalization of £74.36 million, a P/E ratio of 1,166.67 and a beta of 0.22. Mincon Group has a fifty-two week low of GBX 32 ($0.41) and a fifty-two week high of GBX 86.25 ($1.10). The company has a debt-to-equity ratio of 26.00, a quick ratio of 1.07 and a current ratio of 3.55.

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.