McCoy Global (TSE:MCB) Stock Passes Above 200 Day Moving Average of $1.98

McCoy Global Inc. (TSE:MCB)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.98 and traded as high as C$2.07. McCoy Global shares last traded at C$2.07, with a volume of 20,600 shares traded.

McCoy Global Stock Down 1.0 %

The company has a debt-to-equity ratio of 7.99, a quick ratio of 1.26 and a current ratio of 2.88. The stock’s fifty day simple moving average is C$1.98 and its two-hundred day simple moving average is C$1.98. The stock has a market capitalization of C$53.44 million, a P/E ratio of 8.61 and a beta of 0.68.

McCoy Global (TSE:MCB) last issued its quarterly earnings results on Thursday, March 14th. The company reported C$0.10 EPS for the quarter. The company had revenue of C$19.70 million for the quarter. McCoy Global had a net margin of 9.37% and a return on equity of 12.35%. As a group, research analysts expect that McCoy Global Inc. will post 0.2626788 EPS for the current fiscal year.

McCoy Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, June 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 4.04%. McCoy Global’s dividend payout ratio (DPR) is 34.78%.

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.