McCoy Global (TSE:MCB) Share Price Passes Above 200-Day Moving Average – Should You Sell?

McCoy Global Inc. (TSE:MCB) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.78 and traded as high as C$3.32. McCoy Global shares last traded at C$3.29, with a volume of 83,310 shares traded.

McCoy Global Trading Up 3.1 %

The stock has a 50-day simple moving average of C$2.80 and a 200 day simple moving average of C$2.78. The company has a current ratio of 3.07, a quick ratio of 1.26 and a debt-to-equity ratio of 6.05. The company has a market cap of C$89.73 million, a price-to-earnings ratio of 11.68 and a beta of 0.58.

Insider Activity

In other McCoy Global news, Director Katherine Lynne Demuth purchased 12,794 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was purchased at an average price of C$2.24 per share, for a total transaction of C$28,600.99. Insiders own 3.66% of the company’s stock.

McCoy Global Company Profile

McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts.