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McCoy Global (TSE:MCB) Stock Passes Above 200-Day Moving Average - Here's Why

McCoy Global logo with Energy background

Shares of McCoy Global Inc. (TSE:MCB - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.94 and traded as high as C$3.74. McCoy Global shares last traded at C$3.67, with a volume of 37,159 shares changing hands.

McCoy Global Price Performance

The stock has a market cap of C$97.64 million, a price-to-earnings ratio of 12.71 and a beta of 0.58. The company has a 50-day moving average of C$3.12 and a 200-day moving average of C$2.94. The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.26 and a current ratio of 3.07.

Insider Activity at McCoy Global

In other McCoy Global news, insider McCoy Global Inc. bought 155,600 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were bought at an average price of C$2.61 per share, for a total transaction of C$406,116.00. 3.66% of the stock is currently owned by insiders.

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.

Further Reading

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