Mincon Group (LON:MCON) Sets New 52-Week High – Should You Buy?

Mincon Group plc (LON:MCONGet Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 54 and last traded at GBX 52, with a volume of 25039 shares trading hands. The stock had previously closed at GBX 51.50.

Mincon Group Stock Up 0.9%

The company has a debt-to-equity ratio of 23.65, a current ratio of 3.11 and a quick ratio of 1.07. The company has a 50-day moving average price of GBX 47.44 and a 200 day moving average price of GBX 43.69. The firm has a market capitalization of £115.80 million, a PE ratio of 26.59 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.

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