Key Points
- Director James Rakievich purchased 150,000 shares of McCoy Global on March 18 at C$1.88 per share (C$282,000), raising his direct holding to 1,193,113 shares — a 14.38% increase now valued at about C$2.243 million.
- McCoy Global is a small-cap energy equipment/services company (market cap C$59.24M) that reported C$0.30 EPS and C$25.55M revenue for the quarter; the stock has weakened (down 1.3%, trading near its 52-week low of C$2.17) and sits below its 50- and 200-day moving averages (C$3.07 and C$3.17) with a P/E of 6.7.
McCoy Global Inc. (TSE:MCB - Get Free Report) Director James Rakievich acquired 150,000 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of C$1.88 per share, with a total value of C$282,000.00. Following the transaction, the director directly owned 1,193,113 shares in the company, valued at C$2,243,052.44. The trade was a 14.38% increase in their ownership of the stock.
McCoy Global Stock Down 1.3%
TSE:MCB opened at C$2.21 on Friday. The company has a market cap of C$59.24 million, a price-to-earnings ratio of 6.70 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. The stock's fifty day moving average price is C$3.07 and its two-hundred day moving average price is C$3.17. McCoy Global Inc. has a 52-week low of C$2.17 and a 52-week high of C$4.48.
McCoy Global (TSE:MCB - Get Free Report) last released its earnings results on Friday, March 6th. The company reported C$0.30 EPS for the quarter. The company had revenue of C$25.55 million during the quarter. McCoy Global had a return on equity of 13.80% and a net margin of 10.76%. On average, analysts anticipate that McCoy Global Inc. will post 0.3003901 EPS for the current year.
About McCoy Global
(
Get Free Report)
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.
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