McCoy Global (TSE:MCB) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of McCoy Global Inc. (TSE:MCBGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.23 and traded as high as C$3.36. McCoy Global shares last traded at C$3.26, with a volume of 63,280 shares trading hands.

McCoy Global Price Performance

The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.26 and a current ratio of 3.07. The company’s fifty day moving average price is C$3.06 and its 200 day moving average price is C$3.23. The firm has a market capitalization of C$87.38 million, a price-to-earnings ratio of 13.04 and a beta of 0.08.

About McCoy Global

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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.

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