Major Drilling Group International Inc. (TSE:MDI - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday following insider buying activity. The stock has a two hundred day moving average of C$8.37 and traded as high as C$9.20. Major Drilling Group International shares last traded at C$9.00, with a volume of 114,606 shares trading hands.
Major Drilling Group International Price Performance
The company has a market cap of C$709.63 million, a price-to-earnings ratio of 17.04, a PEG ratio of 3.45 and a beta of 1.65. The company has a 50-day simple moving average of C$8.52 and a 200-day simple moving average of C$8.37. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.92 and a current ratio of 3.59.
Major Drilling Group International Company Profile
(
Get Free Report)
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.
See Also
Before you consider Major Drilling Group International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Major Drilling Group International wasn't on the list.
While Major Drilling Group International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
