Free Trial

Mincon Group (LON:MCON) Sets New 52-Week Low - Here's Why

Mincon Group logo with Industrials background

Mincon Group plc (LON:MCON - Get Free Report)'s share 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).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "house stock" rating on shares of Mincon Group in a report on Monday, May 19th.

View Our Latest Report on MCON

Mincon Group Stock Performance

The company's 50-day moving average price is GBX 35.86 and its 200 day moving average price is GBX 35.64. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.07 and a current ratio of 3.37. The stock has a market capitalization of £84.24 million, a PE ratio of 53.32 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.

See Also

Should You Invest $1,000 in Mincon Group Right Now?

Before you consider Mincon Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mincon Group wasn't on the list.

While Mincon Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines