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MCAN Mortgage (TSE:MKP) Share Price Crosses Above Two Hundred Day Moving Average of $16.41

MCAN Mortgage logo with Financial Services background

MCAN Mortgage Co. (TSE:MKP - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.41 and traded as high as C$17.91. MCAN Mortgage shares last traded at C$17.78, with a volume of 33,700 shares.

MCAN Mortgage Stock Up 0.5 %

The firm has a market capitalization of C$681.74 million, a price-to-earnings ratio of 8.12 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. The stock has a fifty day moving average of C$17.31 and a two-hundred day moving average of C$16.42.

MCAN Mortgage (TSE:MKP - Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported C$0.52 earnings per share (EPS) for the quarter. MCAN Mortgage had a return on equity of 14.76% and a net margin of 61.99%. Sell-side analysts anticipate that MCAN Mortgage Co. will post 2.5108359 earnings per share for the current year.

MCAN Mortgage Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.73%. MCAN Mortgage's dividend payout ratio (DPR) is currently 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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