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MCAN Mortgage (TSE:MKP) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

MCAN Mortgage logo with Financial Services background
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Shares of MCAN Mortgage Co. (TSE:MKP - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$18.43 and traded as high as C$18.58. MCAN Mortgage shares last traded at C$18.48, with a volume of 19,143 shares trading hands.

MCAN Mortgage Price Performance

The stock has a 50 day simple moving average of C$18.52 and a 200-day simple moving average of C$18.45. The firm has a market cap of C$711.88 million, a PE ratio of 7.79 and a beta of 0.85.

About MCAN Mortgage

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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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