McCoy Global (TSE:MCB) Stock Crosses Above 200 Day Moving Average – What’s Next?

Shares of McCoy Global Inc. (TSE:MCB) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.42 and traded as high as C$2.81. McCoy Global shares last traded at C$2.70, with a volume of 71,339 shares traded.

McCoy Global Price Performance

The company has a debt-to-equity ratio of 6.50, a quick ratio of 1.26 and a current ratio of 3.13. The company has a fifty day simple moving average of C$3.07 and a two-hundred day simple moving average of C$2.43. The firm has a market capitalization of C$76.10 million, a PE ratio of 9.03 and a beta of 0.58.

McCoy Global (TSE:MCB) last released its quarterly earnings data on Friday, November 8th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$15.84 million during the quarter. McCoy Global had a net margin of 11.88% and a return on equity of 15.52%. Analysts forecast that McCoy Global Inc. will post 0.3003901 EPS for the current fiscal year.

McCoy Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.02 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.86%. McCoy Global’s dividend payout ratio is presently 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.