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

Shore Capital reiterated their house stock rating on shares of Mincon Group (LON:MCONGet Rating) in a research note issued to investors on Monday morning, MarketBeat reports.

Mincon Group Price Performance

Shares of MCON opened at GBX 95 ($1.15) on Monday. The firm has a market capitalization of £201.85 million and a P/E ratio of 1,583.33. Mincon Group has a 12-month low of GBX 91.94 ($1.11) and a 12-month high of GBX 119.92 ($1.45). The company has a current ratio of 3.40, a quick ratio of 1.30 and a debt-to-equity ratio of 23.91. The firm has a fifty day moving average price of GBX 99.61 and a 200-day moving average price of GBX 103.67.

Mincon Group Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, September 9th. Stockholders of record on Thursday, August 18th will be paid a dividend of €0.01 ($0.01) per share. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, August 18th. Mincon Group’s dividend payout ratio is currently 52.50%.

Mincon Group Company Profile

(Get Rating)

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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