Shares of Mincon Group plc (LON:MCON – Get Free Report) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 75.38 and traded as low as GBX 73. Mincon Group shares last traded at GBX 74.50, with a volume of 89,930 shares traded.
Analyst Ratings Changes
Separately, Jefferies Financial Group reaffirmed a “house stock” rating on shares of Mincon Group in a report on Tuesday, August 4th.
Read Our Latest Stock Analysis on MCON
Mincon Group Price Performance
The company has a current ratio of 3.13, a quick ratio of 1.07 and a debt-to-equity ratio of 18.63. The firm’s 50-day moving average price is GBX 75.38 and its 200-day moving average price is GBX 62.40. The stock has a market capitalization of £158.29 million, a PE ratio of 15.65 and a beta of 0.14.
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.
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