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McCoy Global (TSE:MCB) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

McCoy Global logo with Energy background

McCoy Global Inc. (TSE:MCB - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.94 and traded as high as C$3.75. McCoy Global shares last traded at C$3.65, with a volume of 70,990 shares changing hands.

McCoy Global Stock Up 1.3%

The company has a market capitalization of C$105.28 million, a price-to-earnings ratio of 13.71 and a beta of 0.58. The company has a quick ratio of 1.26, a current ratio of 3.07 and a debt-to-equity ratio of 6.05. The firm has a 50 day moving average price of C$3.18 and a two-hundred day moving average price of C$2.96.

Insider Activity at McCoy Global

In related news, insider McCoy Global Inc. purchased 155,600 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was acquired 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 company insiders.

McCoy Global Company Profile

(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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