Melcor Developments Ltd. (TSE:MRD - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$12.13 and traded as high as C$13.21. Melcor Developments shares last traded at C$13.21, with a volume of 3,052 shares.
Melcor Developments Stock Performance
The company has a debt-to-equity ratio of 51.55, a quick ratio of 2.65 and a current ratio of 12.79. The firm's 50 day simple moving average is C$12.86 and its 200-day simple moving average is C$12.14. The company has a market cap of C$400.81 million, a price-to-earnings ratio of 5.39 and a beta of 1.41.
Melcor Developments (TSE:MRD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C$0.76 earnings per share for the quarter. The firm had revenue of C$69.71 million for the quarter. Melcor Developments had a net margin of 22.59% and a return on equity of 5.96%. On average, sell-side analysts predict that Melcor Developments Ltd. will post 2.3613596 EPS for the current year.
Melcor Developments Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a $0.11 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.44 dividend on an annualized basis and a yield of 3.35%. Melcor Developments's payout ratio is currently 17.96%.
About Melcor Developments
(
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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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