MCAN Mortgage Co. (TSE:MKP - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.50 and traded as high as C$19.48. MCAN Mortgage shares last traded at C$19.18, with a volume of 61,290 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group set a C$19.00 price target on MCAN Mortgage and gave the company a "buy" rating in a report on Tuesday, October 15th.
Check Out Our Latest Stock Analysis on MCAN Mortgage
MCAN Mortgage Price Performance
The firm has a 50 day simple moving average of C$18.83 and a two-hundred day simple moving average of C$17.50. The stock has a market cap of C$709.59 million, a price-to-earnings ratio of 8.72 and a beta of 0.85. The company has a debt-to-equity ratio of 373.58, a current ratio of 1.97 and a quick ratio of 1.97.
MCAN Mortgage Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of ∞. MCAN Mortgage's 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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