McCoy Global (TSE:MCB) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Posted by Casey Walker on Apr 18th, 2026

McCoy Global Inc. (TSE:MCB – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.03 and traded as low as C$2.50. McCoy Global shares last traded at C$2.50, with a volume of 13,233 shares traded.

McCoy Global Trading Up 6.2%

The business has a fifty day moving average of C$2.75 and a 200-day moving average of C$3.02. 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 company has a market capitalization of C$74.11 million, a P/E ratio of 8.27 and a beta of 0.45.

McCoy Global (TSE:MCB – Get Free Report) last issued its earnings results on Friday, March 6th. The company reported C$0.30 earnings per share (EPS) for the quarter. McCoy Global had a return on equity of 13.80% and a net margin of 10.76%.The company had revenue of C$25.55 million for the quarter. Analysts anticipate that McCoy Global Inc. will post 0.3003901 earnings per share for the current fiscal year.

Insider Activity

In other news, Director James Rakievich bought 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average cost of C$1.88 per share, for a total transaction of C$282,000.00. Following the acquisition, the director directly owned 1,193,113 shares in the company, valued at approximately C$2,243,052.44. This trade represents a 14.38% increase in their ownership of the stock. 3.66% of the stock is currently owned by corporate insiders.

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.