Mincon Group plc (LON:MCON - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 32 ($0.43) and last traded at GBX 34 ($0.46), with a volume of 32000 shares. The stock had previously closed at GBX 35 ($0.47).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Mincon Group in a research report on Monday, May 19th.
Check Out Our Latest Stock Report on Mincon Group
Mincon Group Stock Performance
The company has a market capitalization of £91.80 million, a price-to-earnings ratio of 58.10 and a beta of 0.20. The firm has a 50-day simple moving average of GBX 36.14 and a two-hundred day simple moving average of GBX 35.75. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.07 and a current ratio of 3.37.
Mincon Group Company Profile
(
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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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