McCoy Global (TSE:MCB) Stock Crosses Above 200 Day Moving Average of $1.39

McCoy Global Inc. (TSE:MCB)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.39 and traded as high as C$1.48. McCoy Global shares last traded at C$1.48, with a volume of 505,300 shares changing hands.

McCoy Global Price Performance

The company has a debt-to-equity ratio of 9.28, a quick ratio of 1.26 and a current ratio of 3.38. The company’s 50 day moving average price is C$1.42 and its 200 day moving average price is C$1.39. The company has a market cap of C$43.73 million, a price-to-earnings ratio of 4.50 and a beta of 0.67.

McCoy Global (TSE:MCB) last issued its earnings results on Friday, August 11th. The company reported C$0.05 EPS for the quarter. McCoy Global had a net margin of 14.88% and a return on equity of 20.09%. The company had revenue of C$16.25 million for the quarter. On average, equities research analysts predict that McCoy Global Inc. will post 0.1820546 earnings per share for the current fiscal year.

McCoy Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, October 15th. Stockholders of record on Saturday, September 30th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.04 annualized dividend and a dividend yield of 2.61%. McCoy Global’s dividend payout ratio is presently 11.76%.

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 primarily in Canada. The company designs, produces, and distributes capital equipment to support wellbore integrity; and supports capital equipment sales through aftermarket products and services, such as technical support, consumables, and replacement parts.