Insider Buying: McCoy Global (TSE:MCB) Director Acquires C$1,175,175.00 in Stock

McCoy Global Inc. (TSE:MCB) Director Elizabeth Kernaghan acquired 522,300 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The shares were bought at an average cost of C$2.25 per share, with a total value of C$1,175,175.00. Following the completion of the purchase, the director owned 3,314,600 shares of the company’s stock, valued at C$7,457,850. This trade represents a 18.71% increase in their ownership of the stock.

Elizabeth Kernaghan also recently made the following trade(s):

• On Friday, October 2nd, Elizabeth Kernaghan purchased 800 shares of McCoy Global stock. The stock was bought at an average cost of C$2.25 per share, with a total value of C$1,800.00.
• On Friday, October 2nd, Elizabeth Kernaghan acquired 1,900 shares of McCoy Global stock. The shares were purchased at an average cost of C$2.24 per share, for a total transaction of C$4,256.00.

McCoy Global Trading Down 0.4%

TSE MCB traded down C$0.01 during trading on Friday, reaching C$2.25. 584,453 shares of the stock traded hands, compared to its average volume of 76,133. McCoy Global Inc. has a fifty-two week low of C$2.07 and a fifty-two week high of C$3.93. The company has a quick ratio of 1.26, a current ratio of 3.54 and a debt-to-equity ratio of 3.26. The firm has a market cap of C$61.15 million, a price-to-earnings ratio of 16.07 and a beta of 0.03. The stock’s 50-day moving average price is C$2.24 and its 200 day moving average price is C$2.30.

McCoy Global Company Profile

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.