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MCAN Mortgage (TSE:MKP) Hits New 52-Week High - Time to Buy?

MCAN Mortgage logo with Financial Services background

Shares of MCAN Mortgage Co. (TSE:MKP - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$19.86 and last traded at C$19.84, with a volume of 21064 shares trading hands. The stock had previously closed at C$19.71.

MCAN Mortgage Price Performance

The stock's fifty day simple moving average is C$18.69 and its two-hundred day simple moving average is C$18.65. The company has a market capitalization of C$762.93 million, a price-to-earnings ratio of 8.35 and a beta of 0.85.

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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