McCoy Global (TSE:MCB) Stock Price Crosses Above Two Hundred Day Moving Average of $2.01

McCoy Global Inc. (TSE:MCB)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.01 and traded as high as C$2.16. McCoy Global shares last traded at C$2.16, with a volume of 400 shares.

McCoy Global Stock Up 4.3 %

The stock has a market cap of C$58.71 million, a PE ratio of 6.97 and a beta of 0.58. The company has a debt-to-equity ratio of 6.50, a current ratio of 3.13 and a quick ratio of 1.26. The company has a 50 day moving average price of C$2.03 and a two-hundred day moving average price of C$2.01.

McCoy Global (TSE:MCB) last released its quarterly earnings results on Friday, August 9th. The company reported C$0.11 EPS for the quarter. McCoy Global had a net margin of 11.88% and a return on equity of 15.52%. The firm had revenue of C$19.91 million during the quarter. Analysts expect that McCoy Global Inc. will post 0.260078 EPS for the current year.

McCoy Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Friday, September 27th. McCoy Global’s dividend payout ratio (DPR) is 25.81%.

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.