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MCAN Mortgage (TSE:MKP) Sets New 52-Week High - Still a Buy?

MCAN Mortgage logo with Financial Services background

Key Points

  • MCAN Mortgage Co. (TSE:MKP) reached a new 52-week high of C$20.71 during midday trading, up from a previous close of C$20.24.
  • The company's market capitalization stands at C$802.67 million with a PE ratio of 8.78 and a beta of 0.85, indicating relatively stable stock performance.
  • MCAN Mortgage operates as a loan and mortgage investment corporation in Canada, focusing on real estate lending including residential and commercial loans.
  • Want stock alerts on MCAN Mortgage? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

MCAN Mortgage Co. (TSE:MKP - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as C$20.71 and last traded at C$20.71, with a volume of 39348 shares traded. The stock had previously closed at C$20.24.

MCAN Mortgage Trading Down 0.2%

The firm has a market capitalization of C$788.64 million, a price-to-earnings ratio of 8.63 and a beta of 0.85. The stock's 50 day moving average price is C$19.64 and its two-hundred day moving average price is C$18.90.

About MCAN Mortgage

(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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