Mincon Group plc (LON:MCON - Get Free Report)'s stock price dropped 3% during trading on Tuesday . The stock traded as low as GBX 35.39 ($0.48) and last traded at GBX 35.39 ($0.48). Approximately 3,150 shares were traded during trading, a decline of 88% from the average daily volume of 25,286 shares. The stock had previously closed at GBX 36.50 ($0.49).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "house stock" rating on shares of Mincon Group in a research note on Monday, May 19th.
View Our Latest Stock Analysis on MCON
Mincon Group Trading Up 1.4%
The company has a fifty day moving average of GBX 36.07 and a two-hundred day moving average of GBX 36.16. The company has a quick ratio of 1.07, a current ratio of 3.37 and a debt-to-equity ratio of 25.34. The stock has a market capitalization of £99.90 million, a price-to-earnings ratio of 63.23 and a beta of 0.20.
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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