McCoy Global (TSE:MCB) Hits New 1-Year Low – Here’s What Happened

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

McCoy Global Stock Performance

The stock’s 50-day simple moving average is C$3.09 and its 200 day simple moving average is C$3.17. The company has a market capitalization of C$58.97 million, a PE ratio of 6.67 and a beta of -0.11. The company has a debt-to-equity ratio of 4.69, a quick ratio of 1.26 and a current ratio of 3.10.

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. The business 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%. As a group, research analysts expect that McCoy Global Inc. will post 0.3003901 earnings per share for the current fiscal 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.