McCoy Global Inc. (TSE:MCB – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$2.32 and traded as high as C$2.59. McCoy Global shares last traded at C$2.54, with a volume of 17,027 shares trading hands.
McCoy Global Trading Down 3.1%
The company has a current ratio of 3.54, a quick ratio of 1.26 and a debt-to-equity ratio of 3.26. The firm has a 50-day moving average of C$2.34 and a 200 day moving average of C$2.32. The company has a market cap of C$66.86 million, a P/E ratio of 17.57 and a beta of 0.40.
Insider Activity at McCoy Global
In other McCoy Global news, Director Elizabeth Kernaghan purchased 522,300 shares of the company’s stock in a transaction on Friday, October 2nd. The shares were purchased at an average cost of C$2.25 per share, with a total value of C$1,175,175.00. Following the completion of the purchase, the director owned 3,314,600 shares in the company, valued at C$7,457,850. This represents a 18.71% increase in their ownership of the stock. Also, insider Kernwood Limited purchased 522,300 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were acquired at an average price of C$2.25 per share, for a total transaction of C$1,175,175.00. Following the completion of the acquisition, the insider directly owned 3,314,600 shares in the company, valued at approximately C$7,457,850. This represents a 18.71% increase in their position. Over the last three months, insiders acquired 1,050,000 shares of company stock worth $2,362,462. Insiders own 3.66% of the company’s stock.
About McCoy Global
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.
Further Reading
- Five stocks we like better than McCoy Global
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for McCoy Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCoy Global and related companies with MarketBeat.com's FREE daily email newsletter.
