McCoy Global (TSE:MCB) Shares Cross Above 200-Day Moving Average – What’s Next?

McCoy Global Inc. (TSE:MCB)’s stock price 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 trading hands.

McCoy Global Stock Up 3.1 %

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 business has a 50 day simple moving average of C$2.80 and a 200-day simple moving average of C$2.79. The firm has a market capitalization of C$89.73 million, a price-to-earnings ratio of 11.68 and a beta of 0.58.

Insider Activity at McCoy Global

In other McCoy Global news, Director Katherine Lynne Demuth acquired 12,794 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average cost of C$2.24 per share, for a total transaction of C$28,600.99. 3.66% of the stock is currently owned by insiders.

About McCoy Global

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.