McCoy Global (TSE:MCB) Posts Earnings Results

McCoy Global (TSE:MCB) issued its quarterly earnings results on Friday. The company reported C$0.30 earnings per share for the quarter, FiscalAI reports. McCoy Global had a return on equity of 11.00% and a net margin of 8.53%.The company had revenue of C$25.55 million during the quarter.

McCoy Global Trading Down 16.2%

MCB stock traded down C$0.53 during trading on Friday, hitting C$2.75. The company had a trading volume of 305,254 shares, compared to its average volume of 45,966. The stock has a market cap of C$73.71 million, a PE ratio of 11.00 and a beta of -0.11. The business has a 50-day moving average of C$3.16 and a 200-day moving average of C$3.22. The company has a current ratio of 2.56, a quick ratio of 1.26 and a debt-to-equity ratio of 5.29. McCoy Global has a one year low of C$2.34 and a one year high of C$4.48.

McCoy Global Company Profile

McCoy Global is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. The Corporation has offices in Canada, the United States of America, and the United Arab Emirates and operates internationally in more than 50 countries through a combination of direct sales and key distributors. Throughout McCoy’s 100-year history, it has proudly called Edmonton, Alberta, Canada its corporate headquarters.