McCoy Global (TSE:MCB) Stock Crosses Above Two Hundred Day Moving Average of $1.89

Shares of McCoy Global Inc. (TSE:MCB - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.89 and traded as high as C$2.00. McCoy Global shares last traded at C$1.97, with a volume of 9,597 shares trading hands.

McCoy Global Trading Down 6.1 %

The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 7.99. The company has a market capitalization of C$49.86 million, a P/E ratio of 8.04 and a beta of 0.72. The business has a 50 day moving average price of C$2.13 and a 200 day moving average price of C$1.89.

McCoy Global (TSE:MCB - Get Free Report) last issued its quarterly earnings results on Thursday, March 14th. The company reported C$0.10 earnings per share for the quarter. The company had revenue of C$19.70 million during the quarter. McCoy Global had a net margin of 9.37% and a return on equity of 12.35%. Analysts anticipate that McCoy Global Inc. will post 0.2561769 EPS for the current year.

McCoy Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be issued a dividend of $0.02 per share. This is an increase from McCoy Global's previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.08 annualized dividend and a yield of 4.32%. McCoy Global's dividend payout ratio (DPR) is currently 34.78%.

McCoy Global Company Profile

McCoy Global Inc provides equipment and technologies to support tubular running operations that enhance wellbore integrity and assist with collecting critical data for the energy industry primarily in Canada, the United States, Latin America, the Middle East, Africa, Europe, and the Asia-Pacific. The company designs, produces, and distributes capital equipment to support tubular running operation; enhance wellbore integrity; and supports capital equipment sales through aftermarket products and services, such as technical support, consumables, and replacement parts.