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

McCoy Global logo with Energy background

McCoy Global Inc. (TSE:MCB - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.64 and traded as high as C$2.92. McCoy Global shares last traded at C$2.86, with a volume of 178,285 shares.

McCoy Global Price Performance

The stock has a 50 day moving average price of C$2.82 and a two-hundred day moving average price of C$2.66. The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.26 and a current ratio of 3.07. The company has a market capitalization of C$76.64 million, a PE ratio of 9.98 and a beta of 0.58.

Insider Activity at McCoy Global

In related news, Director Katherine Lynne Demuth acquired 12,794 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The shares were acquired at an average cost of C$2.24 per share, with a total value of C$28,600.99. 3.66% of the stock is owned by company insiders.

About McCoy Global

(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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