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McCoy Global (TSE:MCB) Share Price Crosses Above 200-Day Moving Average - Here's Why

McCoy Global logo with Energy background

McCoy Global Inc. (TSE:MCB - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.98 and traded as high as C$4.05. McCoy Global shares last traded at C$3.95, with a volume of 61,152 shares traded.

McCoy Global Stock Up 1.0%

The stock has a market capitalization of C$115.64 million, a price-to-earnings ratio of 15.06 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 business's 50-day moving average is C$3.25 and its two-hundred day moving average is C$2.99.

Insider Transactions at McCoy Global

In other news, insider McCoy Global Inc. purchased 155,600 shares of the business's stock in a transaction dated 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. Insiders own 3.66% of the company's stock.

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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