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

McCoy Global Inc. (TSE:MCB - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.78 and traded as high as C$3.32. McCoy Global shares last traded at C$3.29, with a volume of 83,310 shares changing hands.

McCoy Global Price Performance

The company has a market capitalization of C$88.09 million, a PE ratio of 11.47 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 stock's 50 day simple moving average is C$2.82 and its 200-day simple moving average is C$2.79.

Insider Activity

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

McCoy Global Company Profile

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.