MCAN Mortgage (TSE:MKP) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Shares of MCAN Mortgage Co. (TSE:MKPGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$20.26 and traded as high as C$21.78. MCAN Mortgage shares last traded at C$21.46, with a volume of 90,292 shares trading hands.

MCAN Mortgage Trading Down 1.1%

The stock has a market cap of C$850.91 million, a PE ratio of 11.73 and a beta of 0.50. The company has a fifty day moving average of C$21.56 and a 200-day moving average of C$20.26.

MCAN Mortgage Company Profile

(Get Free Report)

MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments.

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