McCoy Global (TSE:MCB) Sets New 52-Week Low – Time to Sell?

Shares of McCoy Global Inc. (TSE:MCB) hit a new 52-week low during trading on Tuesday . The company traded as low as C$2.30 and last traded at C$2.32, with a volume of 177383 shares traded. The stock had previously closed at C$2.46.

McCoy Global Stock Performance

The company has a market capitalization of C$60.85 million, a price-to-earnings ratio of 9.08 and a beta of -0.11. The company has a debt-to-equity ratio of 4.69, a current ratio of 3.10 and a quick ratio of 1.26. The stock has a 50 day simple moving average of C$3.11 and a two-hundred day simple moving average of C$3.19.

McCoy Global (TSE:MCB) last released its quarterly earnings data on Friday, March 6th. The company reported C$0.30 earnings per share (EPS) for the quarter. McCoy Global had a return on equity of 13.80% and a net margin of 10.76%.The business had revenue of C$25.55 million during the quarter. As a group, analysts anticipate that McCoy Global Inc. will post 0.3003901 earnings per share for the current year.

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.