McCoy Global (TSE:MCB) PT Lowered to C$0.55

McCoy Global (TSE:MCB) had its price target reduced by Canaccord Genuity from C$0.65 to C$0.55 in a research report sent to investors on Friday, BayStreet.CA reports.

Shares of MCB opened at C$0.50 on Friday. The company has a current ratio of 3.02, a quick ratio of 1.30 and a debt-to-equity ratio of 20.73. The stock has a market cap of $13.44 million and a P/E ratio of -6.58. The company has a 50-day moving average of C$0.54 and a two-hundred day moving average of C$0.77. McCoy Global has a 12-month low of C$0.48 and a 12-month high of C$1.40.

In other McCoy Global news, Director Christopher Tiernan Seaver bought 50,000 shares of the business’s stock in a transaction on Monday, May 27th. The stock was bought at an average price of C$0.65 per share, for a total transaction of C$32,500.00. Following the completion of the transaction, the director now owns 247,300 shares in the company, valued at approximately C$160,745.

McCoy Global Company Profile

McCoy Global Inc, together with its subsidiaries, provides equipment and technologies to support wellbore integrity and assist with collecting critical data for the energy industry. It designs, produces, and distributes capital equipment to support wellbore integrity, as well as supports capital equipment sales through aftermarket products and services, such as technical support, consumables, and replacement parts.

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