McCoy Global Inc experienced a slight dip in stock performance this week amidst recent company developments.
This week, shares of McCoy Global Inc (MCB.TO) closed at C$2.47, reflecting a 0.88% decline over the week. Despite this downturn, the stock has seen significant trading volume, indicating heightened interest among investors.
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Mccoy Global Inc
MCB.TO
MCB.TO
Mccoy Global Inc
WealthAwesomeMarket cap
$61.15M
P/E
16.1x
Div. yield
2.21%
Div. / share
$0.05
52W high
$3.90
52W low
$2.07
1W change
-0.88%
Beta
0.71
Analyst Price Targets
Based on analyst covering MCB · as of Sep 17, 2026
Wall Street analysts forecast MCB stock price to rise 133.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.25
+133.3% Upside
Current Price
C$2.25
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MCB's historical volatility
30-Day Vol
25.4%
Annualized
90-Day Vol
28.9%
Annualized
Trend (90d)
+7.5%
Annualized drift
90d Mean
C$2.31
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.27 | C$2.08 – C$2.48 |
| 60 trading days | C$2.29 | C$2.02 – C$2.59 |
| 90 trading days | C$2.31 | C$1.99 – C$2.69 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note the company's recent approval for a normal course issuer bid, which may impact future share performance. However, ongoing revenue declines due to geopolitical issues could pose challenges.
C$2.47 Last Close
The stock has experienced a 25.50% decline year-to-date, underscoring the challenges faced by McCoy Global in a volatile market.
Bull case
The approval of the normal course issuer bid signals management's confidence in the company's future and could support the stock price. Additionally, analysts have a bullish outlook with an average target price of C$5.25, suggesting significant upside potential.
Bear case
Recent revenue declines, primarily due to geopolitical instability, raise concerns about the company's short-term performance. This situation could deter investors looking for stability in the energy sector.
Price Action Overview
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This week, McCoy Global Inc's stock closed at C$2.47, marking a 0.88% decrease over the past week. Year-to-date, the stock has seen a significant decline of 25.50%, reflecting the challenges faced by the company in the current market environment.
Recent Company Developments
McCoy Global recently announced approval for a normal course issuer bid, allowing the company to repurchase up to 2,537,833 common shares, or about 10% of its public float. This buyback program, effective from August 22, 2025, to August 21, 2026, may provide some support to the stock price. However, the company has also faced revenue declines in recent quarters, attributed to geopolitical instability in the Middle East, leading to delayed shipments and deferred capital purchases.
Technical Picture
The technical indicators for McCoy Global show a last close of C$2.47, with a 50-day moving average at C$2.24, representing a 10.2% increase from the current price. The 200-day moving average stands at C$2.54, indicating a minor decline of 2.6% compared to the current price. The stock has a beta of 0.71, suggesting lower volatility compared to the market. Notably, the stock's volume has surged to 978,342 shares, significantly exceeding the 20-day average volume of 58,135 shares, indicating heightened investor interest.
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