Mincon Group (LON:MCON) Reaches New 1-Year High – What’s Next?

Shares of Mincon Group plc (LON:MCONGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 63 and last traded at GBX 63, with a volume of 22404 shares changing hands. The stock had previously closed at GBX 60.

Mincon Group Trading Up 5.0%

The firm has a market cap of £133.86 million, a price-to-earnings ratio of 30.73 and a beta of 0.25. The company’s 50 day simple moving average is GBX 51.24 and its 200 day simple moving average is GBX 45.68. The company has a debt-to-equity ratio of 22.51, a current ratio of 3.32 and a quick ratio of 1.07.

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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