Melcor Developments Ltd. (TSE:MRD - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.66 and traded as high as C$12.80. Melcor Developments shares last traded at C$12.79, with a volume of 3,277 shares traded.
Melcor Developments Trading Up 0.4 %
The business has a 50 day moving average price of C$12.75 and a 200-day moving average price of C$12.67. The firm has a market cap of C$391.36 million, a price-to-earnings ratio of 5.24 and a beta of 1.41. The company has a quick ratio of 2.65, a current ratio of 12.79 and a debt-to-equity ratio of 51.55.
Melcor Developments (TSE:MRD - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C($1.15) EPS for the quarter. Melcor Developments had a return on equity of 5.96% and a net margin of 22.59%. As a group, research analysts expect that Melcor Developments Ltd. will post 2.3613596 EPS for the current fiscal year.
Melcor Developments Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend was Friday, December 13th. Melcor Developments's dividend payout ratio is currently 17.96%.
Insider Buying and Selling at Melcor Developments
In other Melcor Developments news, Senior Officer Susan Keating sold 3,800 shares of the stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of C$12.65, for a total transaction of C$48,084.06. Insiders sold a total of 3,818 shares of company stock worth $48,314 in the last 90 days. 65.20% of the stock is owned by corporate insiders.
About Melcor Developments
(
Get Free Report)
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.
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