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MCAN Mortgage (TSE:MKP) Reaches New 1-Year High - Here's What Happened

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.
  • Five stocks we like better than MCAN Mortgage.

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

MCAN Mortgage Price Performance

The firm has a 50-day simple moving average of C$19.62 and a 200 day simple moving average of C$18.88. The company has a market capitalization of C$788.25 million, a PE ratio of 8.62 and a beta of 0.85.

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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