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Mincon Group (LON:MCON) Hits New 52-Week Low - Here's Why

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Mincon Group plc (LON:MCON - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 32 ($0.41) and last traded at GBX 32 ($0.41), with a volume of 100000 shares. The stock had previously closed at GBX 35.50 ($0.46).

Mincon Group Stock Performance

The stock has a market cap of £95.85 million, a PE ratio of 60.67 and a beta of 0.20. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.07 and a current ratio of 3.37. The stock has a fifty day simple moving average of GBX 35.33 and a two-hundred day simple moving average of GBX 36.56.

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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