McCoy Global (TSE:MCB) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

McCoy Global Inc. (TSE:MCB) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.74 and traded as high as C$2.90. McCoy Global shares last traded at C$2.89, with a volume of 58,024 shares traded.

McCoy Global Price Performance

The business’s 50 day moving average is C$2.76 and its 200-day moving average is C$2.74. The company has a quick ratio of 1.26, a current ratio of 3.07 and a debt-to-equity ratio of 6.05. The firm has a market capitalization of C$78.82 million, a P/E ratio of 10.26 and a beta of 0.58.

Insider Buying and Selling at McCoy Global

In other news, Director Katherine Lynne Demuth purchased 12,794 shares of the company’s stock in a transaction dated Tuesday, December 31st. The stock was bought at an average cost of C$2.24 per share, for a total transaction of C$28,600.99. Company insiders own 3.66% of the company’s stock.

About McCoy Global

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.