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McCoy Global (TSE:MCB) Share Price Passes Above 200 Day Moving Average - Time to Sell?

McCoy Global logo with Energy background

McCoy Global Inc. (TSE:MCB - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.24 and traded as high as C$4.15. McCoy Global shares last traded at C$4.14, with a volume of 28,653 shares changing hands.

McCoy Global Price Performance

The stock has a market cap of C$109.64 million, a PE ratio of 14.28 and a beta of 0.58. The company has a debt-to-equity ratio of 6.05, a current ratio of 3.07 and a quick ratio of 1.26. The company has a 50-day simple moving average of C$3.98 and a 200-day simple moving average of C$3.26.

McCoy Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 2.49%. The ex-dividend date was Monday, June 30th. This is an increase from McCoy Global's previous quarterly dividend of $0.02. 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.

Further Reading

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