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 stock analysts at Jefferies Financial Group in a research note issued on Tuesday,Digital Look reports.

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

Mincon Group Stock Up 11.5%

LON MCON opened at GBX 62.46 on Tuesday. Mincon Group has a 1 year low of GBX 33 and a 1 year high of GBX 63. The stock has a market capitalization of £132.71 million, a PE ratio of 24.88 and a beta of 0.12. The company has a debt-to-equity ratio of 22.51, a current ratio of 3.32 and a quick ratio of 1.07. The business’s 50-day moving average is GBX 59.47 and its 200 day moving average is GBX 56.60.

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.