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

McCoy Global Inc. (TSE:MCBGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.68 and traded as high as C$2.76. McCoy Global shares last traded at C$2.66, with a volume of 65,957 shares traded.

McCoy Global Stock Performance

The firm has a market capitalization of C$72.55 million, a P/E ratio of 9.45 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 company has a 50-day moving average of C$2.81 and a 200-day moving average of C$2.68.

Insider Buying and Selling

In related news, Director Katherine Lynne Demuth bought 12,794 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was 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 corporate 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.

Further Reading

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