Shares of McCoy Global Inc. (TSE:MCB - Get Free Report) fell 15.5% during mid-day trading on Friday . The company traded as low as C$3.03 and last traded at C$3.06. 102,346 shares traded hands during trading, an increase of 5% from the average session volume of 97,076 shares. The stock had previously closed at C$3.62.
McCoy Global Price Performance
The business's fifty day simple moving average is C$4.01 and its 200-day simple moving average is C$3.36. The company has a current ratio of 3.07, a quick ratio of 1.26 and a debt-to-equity ratio of 6.05. The firm has a market cap of C$85.09 million, a P/E ratio of 11.08 and a beta of 0.58.
McCoy Global Increases Dividend
The firm also recently announced 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 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, June 30th. This is a positive change from McCoy Global's previous quarterly dividend of $0.02. McCoy Global's payout ratio is presently 28.41%.
McCoy Global Company Profile
(
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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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