McCoy Global (TSE:MCB) Stock: Insider Elizabeth Kernaghan Acquires 522,300 Shares

McCoy Global Inc. (TSE:MCB) Director Elizabeth Kernaghan purchased 522,300 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were acquired at an average cost of C$2.25 per share, for a total transaction of C$1,175,175.00. Following the transaction, 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 acquired 800 shares of McCoy Global stock. The shares were acquired at an average price of C$2.25 per share, for a total transaction of C$1,800.00.
• On Friday, October 2nd, Elizabeth Kernaghan acquired 1,900 shares of McCoy Global stock. The stock was acquired at an average price of C$2.24 per share, with a total value of C$4,256.00.

McCoy Global Stock Down 0.4%

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

About McCoy Global

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.