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McCoy Global (TSE:MCB) Stock Price Passes Above Two Hundred Day Moving Average - Here's Why

McCoy Global logo with Energy background
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McCoy Global Inc. (TSE:MCB - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.74 and traded as high as C$2.90. McCoy Global shares last traded at C$2.89, with a volume of 58,024 shares traded.

McCoy Global Stock Down 1.4 %

The company has a market cap of C$78.55 million, a price-to-earnings ratio of 10.23 and a beta of 0.58. 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's fifty day moving average price is C$2.76 and its 200-day moving average price is C$2.75.

Insiders Place Their Bets

In other news, Director Katherine Lynne Demuth bought 12,794 shares of the business's stock in a transaction on Tuesday, December 31st. The shares were purchased at an average price of C$2.24 per share, for a total transaction of C$28,600.99. Corporate insiders own 3.66% of the company's stock.

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.

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