McCoy Global Inc. (TSE:MCB) Director Katherine Lynne Demuth Purchases 12,794 Shares

McCoy Global Inc. (TSE:MCB) Director Katherine Lynne Demuth acquired 12,794 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were acquired at an average price of C$2.24 per share, for a total transaction of C$28,600.99.

McCoy Global Price Performance

MCB opened at C$2.70 on Tuesday. The company’s 50-day moving average price is C$2.83 and its 200 day moving average price is C$2.54. McCoy Global Inc. has a fifty-two week low of C$1.81 and a fifty-two week high of C$3.84. The firm has a market cap of C$73.39 million, a price-to-earnings ratio of 8.71 and a beta of 0.58. The company has a quick ratio of 1.26, a current ratio of 3.13 and a debt-to-equity ratio of 6.50.

McCoy Global (TSE:MCB) last announced its quarterly earnings results on Friday, November 8th. The company reported C$0.02 EPS for the quarter. McCoy Global had a net margin of 11.88% and a return on equity of 15.52%. The company had revenue of C$15.84 million for the quarter. As a group, sell-side analysts expect that McCoy Global Inc. will post 0.3003901 earnings per share for the current year.

McCoy Global Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.08 annualized dividend and a dividend yield of 2.96%. McCoy Global’s payout ratio is currently 25.81%.

McCoy Global Company Profile

McCoy Global Inc provides equipment and technologies to support tubular running operations that enhance wellbore integrity and assist with collecting critical data for the energy industry. The company’s products are used during the well construction phase for land and offshore wells during oil and gas exploration and development.