McCoy Global (TSE:MCB) Shares Pass Above 200-Day Moving Average - Here's What Happened

McCoy Global Inc. (TSE:MCB - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.26 and traded as high as C$3.27. McCoy Global shares last traded at C$3.21, with a volume of 16,955 shares trading hands.McCoy Global Price PerformanceThe firm has a 50 day moving average price of C$3.02 and a two-hundred day moving average price of C$3.26. The company has a market cap of C$86.04 million, a P/E ratio of 12.84 and a beta of 0.08. The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.26 and a current ratio of 3.07. McCoy Global (TSE:MCB - Get Free Report) last announced its quarterly earnings data on Friday, November 7th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$14.83 million for the quarter. McCoy Global had a return on equity of 12.82% and a net margin of 10.13%. On average, analysts predict that McCoy Global Inc. will post 0.3003901 EPS for the current fiscal year. McCoy Global Company Profile (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.Read MoreFive stocks we like better than McCoy GlobalNEW LAW: Congress Approves Setup For Digital Dollar?The day the gold market brokeWhat a Former CIA Agent Knows About the Coming CollapseYour Bank Account Is No Longer SafeHe just nailed another gold prediction …This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in McCoy Global Right Now?Before you consider McCoy Global, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McCoy Global wasn't on the list.While McCoy Global currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here