July 8, 2024
Mortgage

MCAN Mortgage (TSE:MKP) Share Price Crosses Above 200 Day Moving Average of $16.01



MCAN Mortgage Co. (TSE:MKPGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$16.01 and traded as high as C$16.35. MCAN Mortgage shares last traded at C$16.29, with a volume of 24,537 shares traded.

MCAN Mortgage Stock Up 0.4 %

The stock has a market cap of C$616.90 million, a PE ratio of 7.40 and a beta of 0.83. The business has a fifty day moving average of C$15.96 and a 200-day moving average of C$16.01. The company has a debt-to-equity ratio of 366.36, a current ratio of 1.63 and a quick ratio of 1.97.

MCAN Mortgage (TSE:MKPGet Free Report) last released its quarterly earnings data on Monday, May 6th. The company reported C$0.65 earnings per share for the quarter. MCAN Mortgage had a return on equity of 14.29% and a net margin of 62.03%. Equities research analysts anticipate that MCAN Mortgage Co. will post 2.5108359 earnings per share for the current year.

MCAN Mortgage Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, June 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.58%. MCAN Mortgage’s dividend payout ratio is presently 70.91%.

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.

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