McCoy Global (TSE:MCB) Share Price Passes Above 200-Day Moving Average – Should You Sell?

McCoy Global Inc. (TSE:MCB)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.78 and traded as high as C$3.32. McCoy Global shares last traded at C$3.29, with a volume of 83,310 shares changing hands.

McCoy Global Stock Performance

The company has a market cap of C$89.73 million, a PE ratio of 11.68 and a beta of 0.58. The company has a debt-to-equity ratio of 6.05, a current ratio of 3.07 and a quick ratio of 1.26. The business has a 50-day moving average of C$2.80 and a 200 day moving average of C$2.78.

Insider Buying and Selling

In other news, Director Katherine Lynne Demuth purchased 12,794 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was bought 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 currently owned by company insiders.

McCoy Global Company Profile

McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts.