Mincon Group (LON:MCON) Sets New 12-Month High – Here’s Why

Mincon Group plc (LON:MCONGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 52 and last traded at GBX 52, with a volume of 39 shares. The stock had previously closed at GBX 50.50.

Mincon Group Price Performance

The firm has a fifty day moving average of GBX 46.65 and a two-hundred day moving average of GBX 43.04. The company has a current ratio of 3.37, a quick ratio of 1.07 and a debt-to-equity ratio of 25.34. The company has a market capitalization of £110.49 million, a PE ratio of 25.37 and a beta of 0.20.

Mincon Group Company Profile

(Get Free Report)

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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