MCAN Mortgage Co. (TSE:MKP - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$17.57 and traded as high as C$18.04. MCAN Mortgage shares last traded at C$17.85, with a volume of 45,561 shares traded.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group set a C$19.00 price objective on MCAN Mortgage and gave the company a "buy" rating in a research report on Tuesday, October 15th.
Read Our Latest Research Report on MKP
MCAN Mortgage Trading Down 0.5 %
The stock has a market capitalization of C$680.98 million, a PE ratio of 8.11 and a beta of 0.85. The stock's 50 day moving average price is C$18.84 and its 200-day moving average price is C$17.57. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 373.58.
MCAN Mortgage Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 8.74%. MCAN Mortgage's dividend payout ratio is presently 70.91%.
MCAN Mortgage Company Profile
(
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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