McCoy Global (TSE:MCB) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of McCoy Global Inc. (TSE:MCB) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.72 and traded as low as C$2.27. McCoy Global shares last traded at C$2.28, with a volume of 13,965 shares changing hands.

McCoy Global Stock Down 0.4%

The firm has a market cap of C$61.90 million, a PE ratio of 12.67 and a beta of 0.09. The company has a current ratio of 2.71, a quick ratio of 1.26 and a debt-to-equity ratio of 11.75. The firm has a 50 day moving average price of C$2.39 and a 200-day moving average price of C$2.72.

McCoy Global (TSE:MCB) last released its quarterly earnings data on Friday, May 15th. The company reported C($0.12) EPS for the quarter. McCoy Global had a net margin of 6.65% and a return on equity of 7.47%. The business had revenue of C$9.36 million during the quarter. Research analysts forecast that McCoy Global Inc. will post 0.3003901 EPS for the current fiscal year.

McCoy Global Company Profile

McCoy Global is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. The Corporation has offices in Canada, the United States of America, and the United Arab Emirates and operates internationally in more than 50 countries through a combination of direct sales and key distributors. Throughout McCoy’s 100-year history, it has proudly called Edmonton, Alberta, Canada its corporate headquarters.