McCoy Global Inc (TSE:MCB) shares dropped 5.9% on Wednesday . The company traded as low as C$1.92 and last traded at C$1.93. Approximately 4,700 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 3,960 shares. The stock had previously closed at C$2.05.

The firm’s 50-day moving average price is $1.95 and its 200 day moving average price is $2.01. The company’s market cap is $52.60 million.

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About McCoy Global

McCoy Global Inc is a provider of equipment and technologies used for making up threaded connections in the global oil and gas industry. The Company’s products are used during the well construction phase for both land and offshore wells during both oil and gas exploration. Its segments are Energy Products & Service (EP&S) and Mobile Solutions.

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