Mincon Group plc (LON:MCON – Get Free Report) shares dropped 6.5% during mid-day trading on Wednesday . The stock traded as low as GBX 42 and last traded at GBX 43.50. Approximately 43,871 shares traded hands during trading, an increase of 37% from the average daily volume of 31,955 shares. The stock had previously closed at GBX 46.50.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a “house stock” rating on shares of Mincon Group in a report on Thursday, October 23rd.
Check Out Our Latest Report on MCON
Mincon Group Trading Up 0.7%
Mincon Group Company Profile
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.
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