McCoy Global (TSE:MCB) Announces Quarterly Earnings Results

McCoy Global (TSE:MCB) issued its quarterly earnings results on Friday. The company reported C$0.30 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$25.55 million during the quarter. McCoy Global had a net margin of 10.76% and a return on equity of 13.80%.

McCoy Global Stock Down 18.3%

Shares of MCB opened at C$2.68 on Friday. The company has a debt-to-equity ratio of 4.69, a quick ratio of 1.26 and a current ratio of 3.10. The company has a 50-day simple moving average of C$3.15 and a 200-day simple moving average of C$3.22. McCoy Global has a 52 week low of C$2.34 and a 52 week high of C$4.48. The firm has a market capitalization of C$71.83 million, a P/E ratio of 10.72 and a beta of -0.11.

About McCoy Global

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.