Shares of McCoy Global Inc. (OTCMKTS:MCCRF – Get Free Report) fell 1.6% during trading on Tuesday . The stock traded as low as $1.83 and last traded at $1.84. 15,400 shares traded hands during trading, a decline of 57% from the average session volume of 36,075 shares. The stock had previously closed at $1.87.
McCoy Global Stock Performance
The business has a 50-day moving average price of $2.03 and a 200 day moving average price of $1.83.
McCoy Global Cuts Dividend
The company also recently announced a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be paid a dividend of $0.0144 per share. This represents a yield of 2.95%. The ex-dividend date of this dividend is Tuesday, December 31st. McCoy Global’s dividend payout ratio (DPR) is currently 40.32%.
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.
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