Mincon Group (LON:MCON) Hits New 12-Month High – Still a Buy?

Mincon Group plc (LON:MCONGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 54 and last traded at GBX 52, with a volume of 25039 shares. The stock had previously closed at GBX 51.50.

Mincon Group Stock Up 1.0%

The company has a debt-to-equity ratio of 23.65, a quick ratio of 1.07 and a current ratio of 3.11. The firm has a fifty day simple moving average of GBX 47.10 and a 200-day simple moving average of GBX 43.52. The firm has a market cap of £110.49 million, a price-to-earnings 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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