MCAN Mortgage (TSE:MKP) Shares Cross Above 200 Day Moving Average – What’s Next?

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$18.85 and traded as high as C$20.77. MCAN Mortgage shares last traded at C$20.63, with a volume of 29,657 shares.

MCAN Mortgage Price Performance

The company has a market capitalization of C$803.84 million, a P/E ratio of 8.80 and a beta of 0.85. The stock’s 50 day moving average is C$19.56 and its 200-day moving average is C$18.85.

About MCAN Mortgage

(Get Free Report)

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities.

Further Reading

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