Free Trial

McCoy Global (TSE:MCB) Reaches New 12-Month High - Here's What Happened

McCoy Global logo with Energy background

Shares of McCoy Global Inc. (TSE:MCB - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as C$4.48 and last traded at C$4.42, with a volume of 41010 shares changing hands. The stock had previously closed at C$4.35.

McCoy Global Stock Performance

The firm's 50-day moving average price is C$3.79 and its two-hundred day moving average price is C$3.15. 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$120.55 million, a price-to-earnings ratio of 15.70 and a beta of 0.58.

McCoy Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.025 per share. This is a boost from McCoy Global's previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.10 annualized dividend and a dividend yield of 2.26%. McCoy Global's payout ratio is presently 28.41%.

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in McCoy Global Right Now?

Before you consider McCoy Global, 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 McCoy Global wasn't on the list.

While McCoy Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

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.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines