Mincon Group (LON:MCON) Hits New 52-Week Low at $85.00

Mincon Group PLC (LON:MCON)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 85 ($1.11) and last traded at GBX 90 ($1.18), with a volume of 3270 shares. The stock had previously closed at GBX 90 ($1.18).

The company has a debt-to-equity ratio of 13.41, a current ratio of 3.89 and a quick ratio of 1.52. The firm has a market capitalization of $189.88 million and a P/E ratio of 14.75. The stock’s 50 day moving average is GBX 92.76 and its two-hundred day moving average is GBX 98.53.

Mincon Group Company Profile (LON:MCON)

Mincon Group plc engages in the design, manufacture, sale, and service of rock drilling tools and associated products worldwide. The company offers various rock drilling down the hole hammers and bits for various industries, including production and exploration mining, as well as water well, geothermal, construction, oil and gas, and seismic drilling; reverse circulation down the hole products; hard-rock horizontal directional drilling system to provide access for fiber optic cable laying and similar activities; rotary drilling products; and drill pipe products.

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