McCoy Global (OTCMKTS:MCCRF) Shares Break Below Two Hundred Day Moving Average – Here’s Why

McCoy Global Inc. (OTCMKTS:MCCRF – Get Free Report) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $1.81 and traded as low as $1.75. McCoy Global shares last traded at $1.75, with a volume of 500 shares changing hands.

McCoy Global Price Performance

The business’s fifty day simple moving average is $1.68 and its 200-day simple moving average is $1.81.

McCoy Global Company Profile

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McCoy Global Inc is a Canadian oilfield equipment and technology company that provides products and services used in the installation, handling, and maintenance of tubulars, including casing and drill pipe. Its solutions are designed primarily for drilling, well construction, completion, and workover applications in the energy industry.

The company’s product portfolio includes hydraulic and electric power tongs, torque-and-turn monitoring systems, casing running equipment, pipe-handling tools, hydraulic power units, and related control and data-acquisition technologies.

Further Reading

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