Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$12.76 and traded as low as C$12.68. Melcor Developments shares last traded at C$12.95, with a volume of 604 shares traded.
Melcor Developments Price Performance
The company's 50-day simple moving average is C$12.69 and its 200 day simple moving average is C$12.79. The company has a quick ratio of 2.65, a current ratio of 18.08 and a debt-to-equity ratio of 53.41. The stock has a market capitalization of C$389.92 million, a price-to-earnings ratio of 34.10 and a beta of 1.41.
Melcor Developments Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date was Friday, December 13th. Melcor Developments's payout ratio is 116.76%.
Insider Buying and Selling
In other Melcor Developments news, Senior Officer Susan Keating sold 3,800 shares of the firm'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. In the last ninety days, insiders sold 3,818 shares of company stock worth $48,314. 65.20% of the stock is currently owned by 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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