Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$12.71 and traded as high as C$12.95. Melcor Developments shares last traded at C$12.77, with a volume of 3,408 shares traded.
Melcor Developments Stock Down 1.1 %
The firm has a 50 day simple moving average of C$12.71 and a two-hundred day simple moving average of C$12.73. The stock has a market capitalization of C$382.83 million, a P/E ratio of 5.13 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 posted its earnings results 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%. On average, equities research analysts expect that Melcor Developments Ltd. will post 2.3613596 earnings per share for the current year.
Melcor Developments Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.44 annualized dividend and a dividend yield of 3.50%. Melcor Developments's dividend payout ratio (DPR) is presently 17.96%.
Insiders Place Their Bets
In related news, Senior Officer Susan Keating sold 3,800 shares of the company's stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of C$12.65, for a total value of C$48,084.06. Insiders sold a total of 3,818 shares of company stock valued at $48,314 in the last 90 days. Corporate insiders own 65.20% of the company's stock.
Melcor Developments Company Profile
(
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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