MCAN Mortgage Co. (TSE:MKP - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$17.84 and traded as high as C$18.15. MCAN Mortgage shares last traded at C$18.05, with a volume of 30,921 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group set a C$19.00 price objective on shares of MCAN Mortgage and gave the company a "buy" rating in a research note on Tuesday, October 15th.
Read Our Latest Analysis on MKP
MCAN Mortgage Stock Performance
The company has a debt-to-equity ratio of 373.58, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of C$693.19 million, a P/E ratio of 8.26 and a beta of 0.85. The firm has a 50 day moving average price of C$18.72 and a 200-day moving average price of C$17.86.
MCAN Mortgage Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were given a dividend of $0.39 per share. The ex-dividend date was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 8.59%. MCAN Mortgage's payout ratio is currently 70.91%.
MCAN Mortgage Company Profile
(
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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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