Mincon Group (LON:MCON) Given “House Stock” Rating at Shore Capital

Shore Capital reissued their house stock rating on shares of Mincon Group (LON:MCON) in a research note released on Tuesday morning, Marketbeat reports.

Mincon Group Price Performance

LON:MCON opened at GBX 48 ($0.60) on Tuesday. The company has a debt-to-equity ratio of 26.00, a quick ratio of 1.07 and a current ratio of 3.55. The stock’s 50-day simple moving average is GBX 50.13 and its 200 day simple moving average is GBX 53.61. The company has a market cap of £101.99 million, a P/E ratio of 1,500.00 and a beta of 0.19. Mincon Group has a 52-week low of GBX 40 ($0.50) and a 52-week high of GBX 95 ($1.19).

Mincon Group Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 23rd will be given a €0.01 ($0.01) dividend. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, May 23rd. Mincon Group’s dividend payout ratio is currently 6,666.67%.

Mincon Group Company Profile

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.