Major Drilling Group International Inc. (TSE:MDI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$8.42 and traded as high as C$9.03. Major Drilling Group International shares last traded at C$8.91, with a volume of 54,635 shares traded.
Major Drilling Group International Stock Down 1.1%
The company has a market cap of C$721.90 million, a P/E ratio of 17.33, a PEG ratio of 3.45 and a beta of 1.65. The stock's 50-day moving average price is C$8.69 and its 200-day moving average price is C$8.43. The company has a current ratio of 3.59, a quick ratio of 1.92 and a debt-to-equity ratio of 1.17.
Insider Activity at Major Drilling Group International
In related news, Senior Officer Barry Lee Zerbin sold 6,000 shares of Major Drilling Group International stock in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of C$9.25, for a total value of C$55,500.00. Also, Senior Officer John Ross Davies sold 36,000 shares of Major Drilling Group International stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of C$9.25, for a total transaction of C$333,000.00. 0.32% of the stock is owned by company insiders.
Major Drilling Group International Company Profile
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Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services.
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