Mincon Group (LON:MCON) Hits New 12-Month High – Time to Buy?

Mincon Group plc (LON:MCONGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 56 and last traded at GBX 52, with a volume of 10002 shares trading hands. The stock had previously closed at GBX 54.

Mincon Group Trading Down 3.7%

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 firm has a fifty day simple moving average of GBX 47.87 and a 200-day simple moving average of GBX 43.99. The firm has a market cap of £110.49 million, a P/E ratio of 25.37 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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