Jefferies Financial Group Reaffirms House Stock Rating for Mincon Group (LON:MCON)

Mincon Group (LON:MCON)‘s stock had its “house stock” rating reissued by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday,Digital Look reports.

Separately, Shore Capital Group restated a “house stock” rating on shares of Mincon Group in a research note on Wednesday, April 29th.

Mincon Group Stock Up 11.5%

MCON stock opened at GBX 62.46 on Tuesday. Mincon Group has a fifty-two week low of GBX 33 and a fifty-two week high of GBX 63. The business’s 50 day moving average price is GBX 59.47 and its two-hundred day moving average price is GBX 56.60. The company has a debt-to-equity ratio of 22.51, a quick ratio of 1.07 and a current ratio of 3.32. The company has a market capitalization of £132.71 million, a price-to-earnings ratio of 24.88 and a beta of 0.12.

About Mincon Group

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.