Melcor Developments Ltd. (TSE:MRD - Get Free Report) Senior Officer Susan Keating sold 3,800 shares of the business's stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of C$12.65, for a total value of C$48,084.06.
Melcor Developments Stock Up 0.5 %
MRD traded up C$0.06 during trading on Wednesday, hitting C$12.79. The stock had a trading volume of 8,052 shares, compared to its average volume of 7,473. The stock has a 50 day simple moving average of C$12.91 and a two-hundred day simple moving average of C$12.59. The company has a debt-to-equity ratio of 51.55, a quick ratio of 2.65 and a current ratio of 12.79. Melcor Developments Ltd. has a twelve month low of C$11.20 and a twelve month high of C$13.39. The company has a market capitalization of C$389.84 million, a PE ratio of 5.22 and a beta of 1.41.
Melcor Developments Dividend Announcement
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. The ex-dividend date was Friday, December 13th. This represents a $0.44 dividend on an annualized basis and a yield of 3.44%. Melcor Developments's payout ratio is 17.96%.
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.
Further Reading
Before you consider Melcor Developments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Melcor Developments wasn't on the list.
While Melcor Developments currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
