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

MCAN Mortgage logo with Financial Services background

MCAN Mortgage Co. (TSE:MKP - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$18.47 and traded as high as C$18.54. MCAN Mortgage shares last traded at C$18.50, with a volume of 28,626 shares.

MCAN Mortgage Stock Down 2.9 %

The company has a 50 day simple moving average of C$18.51 and a 200 day simple moving average of C$18.48. The stock has a market cap of C$700.19 million, a price-to-earnings ratio of 7.66 and a beta of 0.85.

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.

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