McCoy Global (TSE:MCB) Stock Crosses Above 200 Day Moving Average of $1.98

McCoy Global Inc. (TSE:MCB) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.98 and traded as high as C$2.07. McCoy Global shares last traded at C$2.07, with a volume of 20,600 shares trading hands.

McCoy Global Stock Performance

The firm has a fifty day moving average of C$1.98 and a 200 day moving average of C$1.98. The company has a debt-to-equity ratio of 7.99, a current ratio of 2.88 and a quick ratio of 1.26. The stock has a market capitalization of C$53.44 million, a price-to-earnings ratio of 8.61 and a beta of 0.68.

McCoy Global (TSE:MCB) last issued its quarterly earnings data on Thursday, March 14th. The company reported C$0.10 EPS for the quarter. The business had revenue of C$19.70 million for the quarter. McCoy Global had a net margin of 9.37% and a return on equity of 12.35%. On average, sell-side analysts anticipate that McCoy Global Inc. will post 0.2626788 earnings per share for the current fiscal year.

McCoy Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Friday, June 28th. McCoy Global’s payout ratio is currently 34.78%.

McCoy Global Company Profile

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.