McCoy Global (TSE:MCB) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

McCoy Global logo with Energy background

McCoy Global Inc. (TSE:MCB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.61 and traded as high as C$3.00. McCoy Global shares last traded at C$2.96, with a volume of 46,987 shares.

McCoy Global Trading Down 2.7 %

The stock has a market capitalization of C$79.64 million, a P/E ratio of 9.45 and a beta of 0.58. The stock's 50 day moving average price is C$2.82 and its 200-day moving average price is C$2.62. The company has a quick ratio of 1.26, a current ratio of 3.13 and a debt-to-equity ratio of 6.50.

McCoy Global (TSE:MCB - Get Free Report) last announced its quarterly earnings results on Friday, November 8th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$15.84 million for the quarter. McCoy Global had a return on equity of 15.52% and a net margin of 11.88%. As a group, equities research analysts expect that McCoy Global Inc. will post 0.3003901 earnings per share for the current year.

McCoy Global Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date was Tuesday, December 31st. McCoy Global's dividend payout ratio is currently 25.81%.

Insider Buying and Selling

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 stock was bought at an average price of C$2.24 per share, for a total transaction of C$28,600.99. 3.66% of the stock is currently owned by company insiders.

McCoy Global Company Profile

(Get Free Report)

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. The company's products are used during the well construction phase for land and offshore wells during oil and gas exploration and development.

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