Insider Buying: McCoy Global Inc. (TSE:MCB) Director Acquires C$28,600.99 in Stock

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

McCoy Global Stock Performance

TSE:MCB opened at C$2.89 on Thursday. The company has a current ratio of 3.13, a quick ratio of 1.26 and a debt-to-equity ratio of 6.50. The company has a market capitalization of C$78.55 million, a P/E ratio of 9.32 and a beta of 0.58. The firm has a 50-day moving average price of C$2.83 and a two-hundred day moving average price of C$2.55. McCoy Global Inc. has a twelve month low of C$1.81 and a twelve month high of C$3.84.

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

McCoy Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.77%. McCoy Global’s dividend payout ratio (DPR) is 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.