Mincon Group (LON:MCON) Earns “House Stock” Rating from Shore Capital

Shore Capital restated their house stock rating on shares of Mincon Group (LON:MCON) in a report issued on Tuesday, Marketbeat Ratings reports.

Mincon Group Price Performance

Mincon Group stock opened at GBX 48 ($0.60) on Tuesday. Mincon Group has a 12-month low of GBX 40 ($0.50) and a 12-month high of GBX 95 ($1.19). The stock has a market capitalization of £101.99 million, a P/E ratio of 1,500.00 and a beta of 0.19. The firm’s 50-day moving average is GBX 50.13 and its two-hundred day moving average is GBX 53.61. The company has a debt-to-equity ratio of 26.00, a current ratio of 3.55 and a quick ratio of 1.07.

Mincon Group Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 23rd will be paid a dividend of €0.01 ($0.01) per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a dividend yield of 1.66%. 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.