McCoy Global (TSE:MCB) Shares Pass Above 200-Day Moving Average of $1.91

McCoy Global Inc. (TSE:MCB) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.91 and traded as high as C$1.96. McCoy Global shares last traded at C$1.96, with a volume of 39,167 shares trading hands.

McCoy Global Stock Performance

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 has a market cap of C$52.82 million, a PE ratio of 8.52 and a beta of 0.72. The company’s 50 day simple moving average is C$2.04 and its 200 day simple moving average is C$1.92.

McCoy Global (TSE:MCB) last posted its quarterly earnings data on Thursday, March 14th. The company reported C$0.10 EPS for the quarter. The firm 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%. Analysts expect that McCoy Global Inc. will post 0.2561769 earnings per share for the current year.

McCoy Global Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were paid a $0.02 dividend. This is a positive change from McCoy Global’s previous quarterly dividend of $0.01. The ex-dividend date was Wednesday, March 27th. This represents a $0.08 annualized dividend and a yield of 4.08%. 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 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.