Mincon Group (LON:MCON) Sets New 1-Year Low at $85.00

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

The stock’s 50-day moving average price is GBX 92.76 and its 200 day moving average price is GBX 98.53. The firm has a market cap of $189.88 million and a P/E ratio of 14.75. The company has a debt-to-equity ratio of 13.41, a current ratio of 3.89 and a quick ratio of 1.52.

About Mincon Group (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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