McCoy Global (TSE:MCB) Share Price Passes Above 200 Day Moving Average of $1.90

Shares of McCoy Global Inc. (TSE:MCB) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.90 and traded as high as C$1.92. McCoy Global shares last traded at C$1.89, with a volume of 66,850 shares traded.

McCoy Global Stock Down 0.5 %

The business’s 50 day moving average is C$2.09 and its 200 day moving average is C$1.90. The company has a market capitalization of C$50.94 million, a price-to-earnings ratio of 8.22 and a beta of 0.72. The company has a debt-to-equity ratio of 7.99, a quick ratio of 1.26 and a current ratio of 2.88.

McCoy Global (TSE:MCB) last released its 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 during the quarter. McCoy Global had a net margin of 9.37% and a return on equity of 12.35%. Sell-side analysts anticipate that McCoy Global Inc. will post 0.2561769 earnings per share for the current year.

McCoy Global Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were paid a $0.02 dividend. The ex-dividend date was Wednesday, March 27th. This is a boost from McCoy Global’s previous quarterly dividend of $0.01. This represents a $0.08 dividend on an annualized basis and a yield of 4.23%. McCoy Global’s dividend payout ratio (DPR) is 34.78%.

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 primarily in Canada, the United States, Latin America, the Middle East, Africa, Europe, and the Asia-Pacific. The company designs, produces, and distributes capital equipment to support tubular running operation; enhance wellbore integrity; and supports capital equipment sales through aftermarket products and services, such as technical support, consumables, and replacement parts.