Insider Buying: McCoy Global Inc. (TSE:MCB) Director Purchases 12,794 Shares of Stock

McCoy Global Inc. (TSE:MCB) Director Katherine Lynne Demuth bought 12,794 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were bought at an average cost of C$2.24 per share, with a total value of C$28,600.99.

McCoy Global Stock Performance

Shares of TSE MCB traded up C$0.08 during trading hours on Monday, hitting C$2.72. 25,604 shares of the stock were exchanged, compared to its average volume of 114,711. McCoy Global Inc. has a one year low of C$1.81 and a one year high of C$3.84. The company’s 50 day moving average is C$2.85 and its 200 day moving average is C$2.54. The company has a debt-to-equity ratio of 6.50, a current ratio of 3.13 and a quick ratio of 1.26. The firm has a market capitalization of C$73.93 million, a P/E ratio of 8.77 and a beta of 0.58.

McCoy Global (TSE:MCB) last issued its quarterly earnings results on Friday, November 8th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$15.84 million for the quarter. McCoy Global had a return on equity of 15.52% and a net margin of 11.88%. On average, research analysts expect that McCoy Global Inc. will post 0.3003901 EPS for the current year.

McCoy Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend was Tuesday, December 31st. McCoy Global’s payout ratio is presently 25.81%.

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.