Mincon Group (LON:MCON) Reaches New 1-Year High – What’s Next?

Mincon Group plc (LON:MCONGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 62 and last traded at GBX 62, with a volume of 14705 shares. The stock had previously closed at GBX 59.50.

Mincon Group Stock Up 4.2%

The company has a market cap of £131.73 million, a P/E ratio of 30.24 and a beta of 0.25. The company has a debt-to-equity ratio of 22.51, a current ratio of 3.32 and a quick ratio of 1.07. The stock has a fifty day moving average price of GBX 49.20 and a two-hundred day moving average price of GBX 44.67.

About Mincon Group

(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.

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