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McCoy Global (TSE:MCB) Given a C$5.50 Price Target by Beacon Securities Analysts

McCoy Global logo with Energy background

Key Points

  • Analysts at Beacon Securities have set a target price of C$5.50 for McCoy Global (TSE: MCB), indicating a potential upside of 62.24% from the current stock price.
  • McCoy Global's stock recently traded at C$3.39, with a market capitalization of C$92.46 million and a PE ratio of 12.04.
  • The company specializes in providing equipment and technologies related to tubular running operations, aimed at enhancing wellbore integrity in the global energy sector.
  • Want stock alerts on McCoy Global? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

McCoy Global (TSE:MCB - Get Free Report) has been given a C$5.50 target price by equities research analysts at Beacon Securities in a research report issued on Monday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Beacon Securities' price objective suggests a potential upside of 62.24% from the stock's previous close.

McCoy Global Price Performance

TSE MCB traded up C$0.13 on Monday, reaching C$3.39. The company's stock had a trading volume of 201,884 shares, compared to its average volume of 101,667. McCoy Global has a twelve month low of C$1.92 and a twelve month high of C$4.48. The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.26 and a current ratio of 3.07. The stock has a market cap of C$92.46 million, a PE ratio of 12.04 and a beta of 0.58. The firm's 50 day moving average is C$3.93 and its two-hundred day moving average is C$3.37.

About McCoy Global

(Get Free Report)

McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts.

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