McCoy Global (TSE:MCB) Stock Crosses Below Two Hundred Day Moving Average of $2.04

McCoy Global Inc. (TSE:MCB)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.04 and traded as low as C$1.96. McCoy Global shares last traded at C$2.01, with a volume of 27,444 shares trading hands.

McCoy Global Stock Up 1.0 %

The company has a 50-day moving average of C$2.00 and a 200-day moving average of C$2.04. The company has a market capitalization of C$54.25 million, a price-to-earnings ratio of 8.74 and a beta of 0.68. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 7.99.

McCoy Global (TSE:MCB) last announced its earnings results on Friday, May 10th. The company reported C$0.04 earnings per share (EPS) for the quarter. McCoy Global had a return on equity of 12.35% and a net margin of 9.37%. The company had revenue of C$16.54 million for the quarter. On average, equities analysts predict that McCoy Global Inc. will post 0.2561769 earnings per share for the current fiscal year.

McCoy Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date is Friday, June 28th. McCoy Global’s dividend payout ratio is presently 34.78%.

About McCoy Global

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.