McCoy Global (TSE:MCB) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of McCoy Global Inc. (TSE:MCB) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.22 and traded as high as C$3.22. McCoy Global shares last traded at C$3.15, with a volume of 32,260 shares traded.

McCoy Global Trading Up 1.6%

The stock has a market cap of C$84.43 million, a P/E ratio of 12.60 and a beta of 0.08. The stock’s 50-day moving average is C$3.15 and its two-hundred day moving average is C$3.22. The company has a debt-to-equity ratio of 5.29, a current ratio of 2.56 and a quick ratio of 1.26.

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.