Mincon Group plc (LON:MCON - Get Free Report) shares dropped 2.9% during trading on Wednesday . The company traded as low as GBX 34 ($0.46) and last traded at GBX 34 ($0.46). Approximately 32,000 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 23,101 shares. The stock had previously closed at GBX 35 ($0.47).
Analyst Ratings Changes
Separately, Shore Capital reissued a "house stock" rating on shares of Mincon Group in a research report on Monday, May 19th.
Check Out Our Latest Stock Analysis on Mincon Group
Mincon Group Stock Performance
The company has a market capitalization of £84.24 million, a PE ratio of 53.32 and a beta of 0.20. The business's fifty day moving average is GBX 35.75 and its two-hundred day moving average is GBX 35.60. The company has a current ratio of 3.37, a quick ratio of 1.07 and a debt-to-equity ratio of 25.34.
About Mincon Group
(
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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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