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MCAN Mortgage (TSE:MKP) Hits New 12-Month High - Time to Buy?

MCAN Mortgage logo with Financial Services background

Key Points

  • MCAN Mortgage shares reached a new 52-week high, trading as high as C$22.05, with a last traded price of C$22.00.
  • The company has a market capitalization of C$877.48 million and a price-to-earnings ratio of 12.09.
  • MCAN Mortgage operates in Canada, focusing on real estate lending and investment across various sectors, including residential and commercial loans.
  • Five stocks to consider instead of MCAN Mortgage.

MCAN Mortgage Co. (TSE:MKP - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as C$22.05 and last traded at C$22.00, with a volume of 51481 shares. The stock had previously closed at C$21.87.

MCAN Mortgage Price Performance

The firm has a fifty day moving average price of C$20.89 and a two-hundred day moving average price of C$19.53. The stock has a market capitalization of C$890.16 million, a PE ratio of 12.27 and a beta of 0.59.

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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